DALLAS, Jan. 30, 2012 /PRNewswire/ -- Ashford Hospitality
Trust, Inc. (NYSE: AHT) today announced the tax reporting (Federal
Form 1099-DIV) information for the 2011 distributions on its common
shares and its Series A, D, and E preferred shares.
The income tax treatment for 2011 for Ashford Hospitality Trust,
Inc. Common Stock CUSIP #044103109 traded on the NYSE under ticker
symbol "AHT" is as follows:
Distribution
Type
|
Distributions Per Share
|
Ordinary Taxable Dividend
|
Total
Capital Gain Distribution
|
Return of
Capital
|
Total Per
Share
|
$0.3000
|
$0
|
$0
|
$0.3000
|
Percent
|
100.00%
|
0%
|
0%
|
100%
|
The income tax treatment for the 2011 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 Per Share
|
Ordinary Taxable Dividend
|
Total
Capital Gain Distribution
|
Return of
Capital
|
Total Per
Share
|
$2.1375
|
$1.5092
|
$0
|
$0.6283
|
Percent
|
100.00%
|
70.6044%
|
0%
|
29.3956%
|
The income tax treatment for the 2011 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
|
Distributions Per Share
|
Ordinary Taxable Dividend
|
Total
Capital Gain Distribution
|
Return of
Capital
|
Total Per
Share
|
$2.1125
|
$1.4915
|
$0
|
$0.6210
|
Percent
|
100.00%
|
70.6044%
|
0%
|
29.3956%
|
The income tax treatment for the 2011 distributions for Ashford
Hospitality Trust, Inc. Series E Preferred Stock CUSIP #044103505
traded on the NYSE under ticker symbol "AHTPrE" is as follows:
Distribution
Type
|
Distributions Per Share
|
Ordinary Taxable Dividend
|
Total
Capital Gain Distribution
|
Return of
Capital
|
Total Per
Share
|
$1.0188
|
$0.7193
|
$0
|
$0.2995
|
Percent
|
100.00%
|
70.6044%
|
0%
|
29.3956%
|
The distributions that the company paid on January 14, 2011 to shareholders of record as of
December 31, 2010, are reportable in
2011. The distributions that the company paid on January 16, 2012 to shareholders of record as of
December 31, 2011 will be reportable
in 2012.
None of the dividends classified above as ordinary taxable
dividends represent "qualified dividend income" and therefore are
not eligible for reduced rates.
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.
In accordance with IRS Code Section 6045B, the company has
posted Form 8937, Report of Organizational Actions Affecting Basis
of Securities, which may be found in the Corporation Actions
section of the company's website. This form provides detailed
information on the return of capital portion of the common share
distributions and the preferred share distributions.
Ashford 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.
Additional information can be found on the Company's website at
www.ahtreit.com.
Certain statements and assumptions in this press release
contain or are based upon "forward-looking" information and are
being made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and
uncertainties. When we use the words "will likely result,"
"may," "anticipate," "estimate," "should," "expect," "believe,"
"intend," or similar expressions, we intend to identify
forward-looking statements. Such forward-looking statements
include, but are not limited to, the timing for closing, the impact
of the transaction on our business and future financial condition,
our business and investment strategy, our understanding of our
competition and current market trends and opportunities and
projected capital expenditures. Such statements are subject
to numerous assumptions and uncertainties, many of which are
outside Ashford's control.
These forward-looking statements are subject to known and
unknown risks and uncertainties, which could cause actual results
to differ materially from those anticipated, including, without
limitation: general volatility of the capital markets and the
market price of our common stock; changes in our business or
investment strategy; availability, terms and deployment of capital;
availability of qualified personnel; changes in our industry and
the market in which we operate, interest rates or the general
economy; and the degree and nature of our competition. These
and other risk factors are more fully discussed in Ashford's
filings with the Securities and Exchange Commission.
The forward-looking statements included in this press release
are only made as of the date of this press release. Investors
should not place undue reliance on these forward-looking
statements. We are not obligated to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or circumstances, changes in
expectations or otherwise.
SOURCE Ashford Hospitality Trust, Inc.