Ashford Hospitality Trust Declares First Quarter Dividends
March 13 2008 - 4:19PM
Business Wire
Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced the
Board of Directors has declared its quarterly common stock dividend
of $0.21 per diluted common share, payable on April 15, 2008, to
shareholders of record on March 31, 2008. On an annualized basis
the dividend equates to a 13.0% dividend yield based on the
Company's closing price on March 13, 2008. Separately, the Board
declared a quarterly cash dividend of $0.5344 per diluted share for
the Company's 8.55% Series A Cumulative Preferred Stock for the
first quarter ending March 31, 2008. The dividend, which equates to
an annual rate of $2.1375 per share, is payable on April 15, 2008,
to shareholders of record as of March 31, 2008. The Board also has
declared a quarterly cash dividend of $0.528125 per diluted share
for the Company's 8.45% Series D Cumulative Preferred Stock for the
first quarter ending March 31, 2008. The dividend, which equates to
an annual rate of $2.1125 per share, is payable on April 15, 2008,
to shareholders of record as of March 31, 2008. 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-leaseback
transactions. Additional information can be found on the Company's
web site at www.ahtreit.com.
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Ashford Hospitality (NYSE:AHT)
Historical Stock Chart
From Jul 2023 to Jul 2024