Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 9, 2022
Reporting Period: First Quarter ending March 31, 2022
This filing serves as a Regulation FD disclosure announcing the Board of Directors' declaration of quarterly dividends for five series of the Company's cumulative preferred stock.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It exclusively reports dividend declarations for preferred stockholders.
| Preferred Stock Series | Annual Rate | Quarterly Dividend Per Share | Record Date | Payment Date |
|---|---|---|---|---|
| Series D | 8.45% | $0.5281 | March 31, 2022 | April 15, 2022 |
| Series F | 7.375% | $0.4609 | March 31, 2022 | April 15, 2022 |
| Series G | 7.375% | $0.4609 | March 31, 2022 | April 15, 2022 |
| Series H | 7.50% | $0.46875 | March 31, 2022 | April 15, 2022 |
| Series I | 7.50% | $0.46875 | March 31, 2022 | April 15, 2022 |
Material Changes
The filing does not provide comparative financial data or discuss material changes in operating performance versus prior periods. The primary event is the routine declaration of dividends consistent with the terms of the preferred stock series.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release (Exhibit 99.1) but does not include specific management commentary, forward-looking guidance, or outlook within the text of the 8-K itself.
Risks and Contingencies: No specific risks or contingencies are detailed in this filing. The document notes that the information is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the record date of March 31, 2022, to confirm eligibility for the declared dividends.
- Confirm the payment date of April 15, 2022, for cash flow planning.
- Review the attached Press Release (Exhibit 99.1) for any additional context not included in the 8-K text.
- Check the Company's 10-Q or 10-K filings for the Q1 2022 period to obtain revenue, profit, and liquidity metrics, as they are absent from this 8-K.