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Ashford Hospitality Trust Declares Preferred Dividends For First Quarter

Ashford Hospitality Trust Declares Preferred Dividends For First Quarter

Category: Worldwide - Industry economy - Figures / Studies
This is a press release selected by our editorial committee and published online for free on 2010-04-01


Ashford Hospitality Trust, Inc. (NYSE: AHT) today announced the Board of Directors 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, 2010. The dividend, which equates to an annual rate of $2.1375 per share, is payable on April 15, 2010, to shareholders of record as of March 31, 2010.

The Board 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, 2010. The dividend, which equates to an annual rate of $0.56 per share, is payable on April 15, 2010, to shareholders of record as of March 31, 2010.

The Board 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, 2010. The dividend, which equates to an annual rate of $2.1125 per share, is payable on April 15, 2010, to shareholders of record as of March 31, 2010.



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