DALLAS, Jan. 27,
2025 /PRNewswire/ -- Ashford Hospitality Trust, Inc.
(NYSE: AHT) ("Ashford Trust" or the "Company") today announced the
tax reporting (Federal Form 1099-DIV) information for the 2024
distributions on its Series D, F, G, H, I, J and K preferred
shares.
The amounts below represent the income tax treatment applicable
to each distribution that is reportable in 2024. The preferred
distributions that the Company paid on January 16, 2024 to stockholders of record as of
December 29, 2023 are reportable in
2024. The preferred distributions that the Company paid on
January 15, 2025 to stockholders of
record as of December 31, 2024 will
be reportable in 2025.
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series D Cumulative Preferred Stock CUSIP
#044103406 traded on the NYSE under ticker symbol "AHTPrD" is as
follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.1124000
|
$0.0000000
|
$0.0000000
|
$0.9383323
|
$1.1740677
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series F Cumulative Preferred Stock CUSIP
#044103604 traded on the NYSE under ticker symbol "AHTPrF" is as
follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.8436000
|
$0.0000000
|
$0.0000000
|
$0.8189308
|
$1.0246692
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series G Cumulative Preferred Stock CUSIP
#044103703 traded on the NYSE under ticker symbol "AHTPrG" is as
follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.8436000
|
$0.0000000
|
$0.0000000
|
$0.8189308
|
$1.0246692
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series H Cumulative Preferred Stock CUSIP
#044103802 traded on the NYSE under ticker symbol "AHTPrH" is as
follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.8750000
|
$0.0000000
|
$0.0000000
|
$0.8328787
|
$1.0421213
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series I Cumulative Preferred Stock CUSIP
#044103885 traded on the NYSE under ticker symbol "AHTPrI" is as
follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.8750000
|
$0.0000000
|
$0.0000000
|
$0.8328787
|
$1.0421213
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series J Preferred Stock (CUSIPs
#04410A863, 04410A798, 04410A723, 04410A657, 04410A574, 04410A517,
04410A368, and 04410A285) is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0000400
|
$0.0000000
|
$0.0000000
|
$0.8884218
|
$1.1116182
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
Distributions Per Share reflects the annual rate per share for
distributions reportable in 2024.
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D867)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0792000
|
$0.0000000
|
$0.0000000
|
$0.9235848
|
$1.1556152
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D792)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0729500
|
$0.0000000
|
$0.0000000
|
$0.9208085
|
$1.1521415
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D727)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0666800
|
$0.0000000
|
$0.0000000
|
$0.9180234
|
$1.1486566
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D651)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0604100
|
$0.0000000
|
$0.0000000
|
$0.9152382
|
$1.1451718
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D578)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.0541400
|
$0.0000000
|
$0.0000000
|
$0.9124528
|
$1.1416872
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D511)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.8791300
|
$0.0000000
|
$0.0000000
|
$0.8347133
|
$1.0444167
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D438)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$1.3666400
|
$0.0000000
|
$0.0000000
|
$0.6070642
|
$0.7595758
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D362)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$0.8541500
|
$0.0000000
|
$0.0000000
|
$0.3794151
|
$0.4747349
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
The income tax treatment for the 2024 distributions for Ashford
Hospitality Trust, Inc. Series K Preferred Stock (CUSIP #04410D289)
is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Section 199A
Dividend
|
Capital Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$0.3416600
|
$0.0000000
|
$0.0000000
|
$0.1517661
|
$0.1898939
|
Percent
|
100 %
|
0 %
|
0 %
|
44.42020 %
|
55.57980 %
|
Distributions Per Share reflects the annual rate per share for
distributions reportable in 2024.
In accordance with IRS Code Section 6045B, the Company will post Form 8937, Report of
Organizational Actions Affecting Basis of Securities, which may be
found in the Corporate Actions section of the Company's website.
This form provides detailed information on the return of capital
amount of the preferred share distributions.
The Company encourages stockholders to consult with their own
tax advisors with respect to the federal, state and local, and
foreign income tax effects of these dividends.
Ashford Hospitality Trust is a real estate investment trust
(REIT) focused on investing predominantly in upper upscale,
full-service hotels.
Forward-Looking Statements
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 federal
securities regulations. Forward-looking statements are generally
identifiable by use of forward-looking terminology such as "may,"
"will," "should," "potential," "intend," "expect," "anticipate,"
"estimate," "approximately," "believe," "could," "project,"
"predict," or other similar words or expressions. Additionally,
statements regarding the following subjects are forward-looking by
their nature: our business and investment strategy; anticipated or
expected purchases, sales or dispositions of assets; our projected
operating results; completion of any pending transactions; our plan
to pay off strategic financing; our ability to restructure existing
property-level indebtedness; our ability to secure additional
financing to enable us to operate our business; our understanding
of our competition; projected capital expenditures; and the impact
of technology on our operations and business. Such forward-looking
statements are based on our beliefs, assumptions, and expectations
of our future performance taking into account all information
currently known to us. These beliefs, assumptions, and expectations
can change as a result of many potential events or factors, not all
of which are known to us. If a change occurs, our business,
financial condition, liquidity, results of operations, plans, and
other objectives may vary materially from those expressed in our
forward-looking statements. You should carefully consider this risk
when you make an investment decision concerning our securities.
These and other risk factors are more fully discussed in the
Company's filings with the SEC.
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 will not publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or circumstances, changes in expectations or
otherwise except to the extent required by law.
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SOURCE Ashford Hospitality Trust, Inc.