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Ashford Hospitality Trust declares third quarter dividends
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Category: Worldwide - Industry economy
- Figures / Studies
This is a press release selected by our editorial committee and published online for free on Tuesday 16 September 2008
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 October 15, 2008, to shareholders of record on September 30, 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 third quarter ending September 30, 2008. The dividend, which equates to an annual rate of $2.1375 per share, is payable on October 15, 2008, to shareholders of record as of September 30, 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 third quarter ending September 30, 2008. The dividend, which equates to an annual rate of $2.1125 per share, is payable on October 15, 2008, to shareholders of record as of September 30, 2008.
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