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Press Release

Ashford Trust Declares Dividends For Second Quarter Of 2017

Company Release - 6/14/2017 8:00 AM ET

DALLAS, June 14, 2017 /PRNewswire/ -- Ashford Hospitality Trust, Inc. (NYSE: AHT) ("Ashford Trust" or the "Company") announced today that its Board of Directors declared a quarterly cash dividend of $0.12 per diluted share for the Company's common stock for the second quarter ending June 30, 2017. The dividend, which equates to an annual rate of $0.48 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017. 

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 second quarter ending June 30, 2017.  The dividend, which equates to an annual rate of $2.1375 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017. 

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 second quarter ending June 30, 2017. The dividend, which equates to an annual rate of $2.1125 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017. 

The Board declared a dividend of $0.4609 per diluted share for the Company's 7.375% Series F Cumulative Preferred Stock for the second quarter ending June 30, 2017.  The dividend, which equates to an annual rate of $1.8438 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017.

The Board declared a dividend of $0.4609 per diluted share for the Company's 7.375% Series G Cumulative Preferred Stock for the second quarter ending June 30, 2017. The dividend, which equates to an annual rate of $1.8438 per share, is payable on July 17, 2017, to shareholders of record as of June 30, 2017.

Ashford Hospitality Trust is a real estate investment trust (REIT) focused on investing opportunistically in the hospitality industry in upper upscale, full-service hotels.

Ashford has created an Ashford App for the hospitality REIT investor community.  The Ashford App is available for free download at Apple's App Store and the Google Play Store by searching "Ashford."

Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.  Forward looking statements in this press release include, among others, statements about the Company's strategy and future plans.  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 intend to identify forward-looking statements.  Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford Trust's control.

The forward-looking statements included in this press release are only made as of the date of this press release.  Investors should not place undue reliance on these forward-looking statements.  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.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ashford-trust-declares-dividends-for-second-quarter-of-2017-300473552.html

SOURCE Ashford Hospitality Trust, Inc.

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