Ashford Hospitality Trust Announces Tax Reporting Information for 2009 Preferred Share Distributions
January 26 2010 - 9:00AM
PR Newswire (US)
DALLAS, Jan. 26 /PRNewswire-FirstCall/ -- Ashford Hospitality
Trust, Inc. (NYSE:AHT) today announced the tax reporting (Federal
Form 1099-DIV) information for the 2009 distributions on its Series
A and D preferred shares. The income tax treatment for the 2009
distributions for Ashford Hospitality Trust, Inc. Series A
Preferred Stock CUSIP #044103208 traded on the NYSE under ticker
symbol "AHT-A" is as follows: Distribution Type -----------------
Ordinary Total Capital Distributions Taxable Gain Unrecaptured Per
Share Dividend Distribution Sec.1250 Gain ------------- --------
------------- ------------- Total Per Share $2.1375 $2.1375 $0 $0
Percent 100.00% 100.00% 0% 0% The income tax treatment for the 2009
distributions for Ashford Hospitality Trust, Inc. Series D
Preferred Stock CUSIP #044103406 traded on the NYSE under ticker
symbol "AHT-D" is as follows: Distribution Type -----------------
Total Capital Unrecaptured Distributions Ordinary Taxable Gain
Sec.1250 Per Share Dividend Distribution Gain -------------
---------------- ------------- --------- Total Per Share $2.1125
$2.1125 $0 $0 Percent 100.00% 100.00% 0% 0% 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. 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
http://www.ahtreit.com/. DATASOURCE: Ashford Hospitality Trust,
Inc. CONTACT: David Kimichik, Chief Financial Officer of Ashford
Hospitality Trust, Inc., +1-972-490-9600; or Tripp Sullivan of
Corporate Communications, Inc., +1-615-324-7318 Web Site:
http://www.ahtreit.com/
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