Ashford Hospitality Trust Announces an Update to Tax Reporting Information for 2010 Preferred Share Distributions
February 14 2011 - 2:56PM
Business Wire
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced an
update to the tax reporting (Federal Form 1099-DIV) information for
the 2010 distributions on its Series A and D preferred shares.
As noted in the January 26, 2011 news release, the distributions
that the company paid on January 14, 2011 to shareholders
of record as of December 31, 2010, will be reportable in 2011.
Accordingly, the updated income tax treatment is reported below.
This update revises the amount of the return of capital for 2010,
but makes no change to the taxability of the distributions as
originally reported.
The income tax treatment for the 2010 distributions for Ashford
Hospitality Trust, Inc. Series A Preferred Stock CUSIP #044103208
traded on the NYSE under ticker symbol “AHTPrA” is as follows:
Distribution
Type
Distributions
PerShare
Ordinary
TaxableDividend
Total Capital
GainDistribution
Return of
Capital
Total Per Share $1.6031 $0 $0 $1.6031 Percent 100.00% 0% 0% 100%
The income tax treatment for the 2010 distributions for Ashford
Hospitality Trust, Inc. Series D Preferred Stock CUSIP #044103406
traded on the NYSE under ticker symbol “AHTPrD” is as follows:
Distribution
Type
DistributionsPer
Share
Ordinary
TaxableDividend
Total Capital
GainDistribution
Return of
Capital
Total Per Share $1.5844 $0 $0 $1.5844 Percent 100.00% 0% 0% 100%
The Company encourages shareholders to consult with their own
tax advisors with respect to the federal, state and local income
tax effects of these dividends.
Ashford Hospitality Trust is a self-administered real estate
investment trust focused on investing in the hospitality industry
across all segments and at all levels of the capital structure,
including direct hotel investments, first mortgages, mezzanine
loans and sale-leasebacks transactions. Additional information can
be found on the Company’s web site at www.ahtreit.com.
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