Ashford Hospitality Trust declares preferred dividends for first quarter
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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 17 March 2009
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 first quarter ending March 31, 2009. The dividend, which equates to an annual rate of $2.1375 per share, is payable on April 15, 2009, to shareholders of record as of March 31, 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 first quarter ending March 31, 2009. The dividend, which equates to an annual rate of $0.56 per share, is payable on April 15, 2009, to shareholders of record as of March 31, 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 first quarter ending March 31, 2009. The dividend, which equates to an annual rate of $2.1125 per share, is payable on April 15, 2009, to shareholders of record as of March 31, 2009.
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