#United States #Dallas #Real Estate Investment Trust #Ashford Hospitality Trust #Preferred Dividends

Ashford Hospitality Trust's Dividend Declaration for Q1 2025

On January 13, 2025, Ashford Hospitality Trust, Inc. (NYSE: AHT) announced several key decisions that underscore its ongoing commitment to providing returns to shareholders. The company’s Board of Directors declared preferred dividends for various series of their cumulative preferred stock for the first quarter ending March 31, 2025, with payment set for April 15, 2025.

The specifics of the dividend declarations include:

• - Series D Cumulative Preferred Stock: $0.5281 per diluted share
• - Series F Cumulative Preferred Stock: $0.4609 per diluted share
• - Series G Cumulative Preferred Stock: $0.4609 per diluted share
• - Series H Cumulative Preferred Stock: $0.46875 per diluted share
• - Series I Cumulative Preferred Stock: $0.46875 per diluted share

Additionally, the Board approved a series of monthly cash dividends for its Series J and K Redeemable Preferred Stocks. For instance, Series J will provide $0.16667 per share on three separate dates: February 18, March 17, and April 15, which is quite beneficial for investors looking for regular income.

Also notable is the monthly cash dividend for Series K, segmented by different CUSIPs offering varying amounts, highlighting the company’s diversified approach to investor compensation. The CUSIPs receiving $0.17500, $0.17292, and $0.17083 will provide benefits over the same payment schedule as mentioned above.

According to company reports, there were 6,799,638 shares of Series J and 601,175 shares of Series K Redeemable Preferred Stock issued as of December 31, 2024. This solid foundation of outstanding stock reflects Ashford Trust's position within the real estate investment trust (REIT) sector, particularly in the hospitality market, where it focuses on upper upscale full-service hotels.

Looking ahead, Ashford Hospitality Trust continues to highlight the necessity of sustainable returns while navigating the complexities of investments in real estate. The forward-looking statements made during this announcement hint at the company's strategies for anticipated purchases, sales of assets, and an ongoing assessment of their competitive landscape. CEO and executives urge investors to maintain cautious optimism, wary of inherent market volatility yet committed to enhancing shareholder value.

Overall, Ashford’s announcements demonstrate a proactive approach to dividends amid a dynamic economic environment. The focus on preferred stock dividends is strategically significant, as it directly appeals to a specific investor base focusing on income-generating investments. This announcement is a strong indicator of Ashford Hospitality Trust’s stability and intentions within the REIT sector, ensuring shareholders remain engaged and invested in the company's future successes.