Ashford Hospitality Trust Declares Preferred Dividends for Third Quarter
September 15 2009 - 4:00PM
PR Newswire (US)
DALLAS, Sept. 15 /PRNewswire-FirstCall/ -- Ashford Hospitality
Trust, Inc. (NYSE:AHT) today announced the Board of Directors has
declared a quarterly cash dividend of $0.5344 per diluted share for
the Company's 8.55% Series A Cumulative Preferred Stock for the
third quarter ending September 30, 2009. The dividend, which
equates to an annual rate of $2.1375 per share, is payable on
October 15, 2009, to shareholders of record as of September 30,
2009. The Board also has declared a quarterly cash dividend of
$0.14 per diluted share for the Company's Series B Cumulative
Preferred Stock for the third quarter ending September 30, 2009.
The dividend, which equates to an annual rate of $0.56 per share,
is payable on October 15, 2009, to shareholders of record as of
September 30, 2009. The Board also has declared a quarterly cash
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, 2009. The dividend, which equates to an annual rate
of $2.1125 per share, is payable on October 15, 2009, to
shareholders of record as of September 30, 2009. 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, second mortgages, mezzanine loans and
sale-leaseback transactions. Additional information can be found on
the Company's web site at http://www.ahtreit.com/. DATASOURCE:
Ashford Hospitality Trust, Inc. CONTACT: Douglas Kessler,
President, Ashford Hospitality Trust, +1-972-490-9600; or Tripp
Sullivan, Corporate Communications, Inc., +1-615-324-7318 Web Site:
http://www.ahtreit.com/
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