DALLAS, Sept. 14, 2018 /PRNewswire/ -- Ashford
Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the
"Company") announced today that its Board of Directors declared a
quarterly cash dividend of $0.12 per
diluted share for the Company's common stock for the third quarter
ending September 30, 2018. The
dividend, which equates to an annual rate of $0.48 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
The Board declared a dividend of $0.5281 per diluted share for the Company's 8.45%
Series D Cumulative Preferred Stock for the third quarter ending
September 30, 2018. The dividend,
which equates to an annual rate of $2.1125 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
The Board declared a dividend of $0.4609 per diluted share for the Company's
7.375% Series F Cumulative Preferred Stock for the third quarter
ending September 30, 2018. The
dividend, which equates to an annual rate of $1.8438 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
The Board declared a dividend of $0.4609 per diluted share for the Company's
7.375% Series G Cumulative Preferred Stock for the third quarter
ending September 30, 2018. The
dividend, which equates to an annual rate of $1.8438 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
The Board declared a dividend of $0.46875 per diluted share for the Company's
7.50% Series H Cumulative Preferred Stock for the third quarter
ending September 30, 2018. The
dividend, which equates to an annual rate of $1.875 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
The Board declared a dividend of $0.46875 per diluted share for the Company's
7.50% Series I Cumulative Preferred Stock for the third quarter
ending September 30, 2018. The
dividend, which equates to an annual rate of $1.875 per share, is payable on October 15, 2018, to shareholders of record as of
September 28, 2018.
Ashford Hospitality Trust is a real estate investment trust
(REIT) focused on investing opportunistically in the hospitality
industry in upper upscale, full-service hotels.
Ashford has created an Ashford
App for the hospitality REIT investor community. The
Ashford App is available for free download at Apple's App Store and the Google Play Store by searching
"Ashford."
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. Forward looking
statements in this press release include, among others, statements
about the Company's strategy and future plans. 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 statements are subject to
numerous assumptions and uncertainties, many of which are outside
Ashford Trust'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 Trust'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.
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SOURCE Ashford Hospitality Trust, Inc.