Ashford Trust Declares Payment of Accumulated Preferred Dividends and Declares Preferred Dividends for Fourth Quarter 2021

DALLAS, 23 November 2021 / PRNewswire / – Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced that its board of directors has declared cash dividends on Series D, Series F, Series G, Corporate Series Cumulative preferred shares H and Series I reflecting accrued and unpaid dividends for the quarters ending June 30, 2020, September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021, and September 30, 2021. The Company will pay a cash dividend of $ 3.1686 per Series D preferred share, $ 2.7654 per Series F preferred share, $ 2.7654 per Series G preferred share, $ 2.8125 per Series H preferred share, and $ 2.8125 per Series I preferred share. These preferred share dividends are payable December 10, 2021 to registrants from December 1, 2021.

The Board declared a dividend of $ 0.5281 per diluted share for the 8.45% cumulative preferred shares Series D of the Company for the fourth quarter ended December 31, 2021. The dividend, which is equivalent to an annual rate of $ 2.1125 per share, is payable on January 14, 2022, to shareholders of record on December 31, 2021.

The Board declared a dividend of $ 0.4609 per diluted share for the Company’s 7.375% cumulative preferred shares Series F for the fourth quarter ended the 31st of December, 2021. The dividend, which is equivalent to an annual rate of $ 1.8438 per share, is payable on January 14, 2022, to shareholders of record on December 31, 2021.

The Board declared a dividend of $ 0.4609 per diluted share for the company’s 7.375% cumulative preferred shares Series G for the fourth quarter ended the 31st of December, 2021. The dividend, which is equivalent to an annual rate of $ 1.8438 per share, is payable on January 14, 2022, to shareholders of record on December 31, 2021.

The Board declared a dividend of $ 0.46875 per diluted share for the Company’s 7.50% cumulative preferred shares Series H for the fourth quarter ended the 31st of December, 2021. The dividend, which is equivalent to an annual rate of $ 1,875 per share, is payable on January 14, 2022, to shareholders of record on December 31, 2021.

The Board declared a dividend of $ 0.46875 per diluted share for the 7.50% cumulative preferred shares Series I of the Company for the fourth quarter ended December 31, 2021. The dividend, which is equivalent to an annual rate of $ 1,875 per share, is payable on January 14, 2022, to shareholders of record on December 31, 2021.

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing primarily in high-end, full-service hotels.

Follow CEO Rob hays on Twitter at https://twitter.com/aht_rob or @aht_rob.

Certain statements and assumptions contained in this press release contain or are based on “forward-looking” information and are made in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release include, among others, statements on the strategy and future plans of the Company. These forward-looking statements are subject to risks and uncertainties. When we use the words “will likely result”, “may”, “anticipate”, “estimate”, “should”, “expect”, “believe”, “intend” or similar expressions, we have intend to identify statements. Such statements are subject to many assumptions and uncertainties, many of which are beyond the control of Ashford Trust.

These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of COVID-19, and the rate of adoption and effectiveness of vaccines to prevent COVID-19, on our business and investment strategy; the timing and outcome of the Securities and Exchange Commission investigation; our ability to regain S-3 eligibility; our ability to repay, refinance or restructure our indebtedness and the indebtedness of some of our subsidiaries; anticipated or expected asset purchases or sales; our projected operating results; the completion of all pending transactions; our understanding of our competitors; market trends; projected capital expenditures; the impact of technology on our operations and activities; general volatility in capital markets and the market price of our common and preferred shares; availability, conditions and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the economy in general; and the degree and nature of our competitors. These and other risk factors are discussed in more detail in documents filed by Ashford Trust with the Securities and Exchange Commission.

The forward-looking statements included in this press release are made only as of the date of this press release. These forward-looking statements are based on our beliefs, assumptions and expectations regarding our future performance, taking into account all the information currently available to us. These beliefs, assumptions and expectations can change due to many events or potential factors, not all of which we are aware of. If any change occurs, our business, financial condition, liquidity, results of operations, plans and other objectives may differ materially from those expressed in our forward-looking statements. You should carefully consider these risks when making an investment decision regarding our securities. Investors should not place undue reliance on these forward-looking statements. The Company cannot guarantee that these forward-looking statements will be achieved or that no deviations will occur. We are not obligated to 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. law.

SOURCE Ashford Hospitality Trust, Inc.

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Elaine R. Knight