Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: September 14, 2018
Reporting Period: Third Quarter ending September 30, 2018
Context: The filing discloses the Board of Directors' declaration of dividends for common and various series of preferred stock.
Key Financial Metrics
This filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on dividend declarations.
| Security Class | Dividend Amount (per diluted share) | Record Date | Payment Date |
|---|---|---|---|
| Common Stock | $0.12 | September 28, 2018 | October 15, 2018 |
| 8.45% Series D Cumulative Preferred Stock | $0.5281 | September 28, 2018 | October 15, 2018 |
| 7.375% Series F Cumulative Preferred Stock | $0.4609 | September 28, 2018 | October 15, 2018 |
| 7.375% Series G Cumulative Preferred Stock | $0.4609 | September 28, 2018 | October 15, 2018 |
| 7.50% Series H Cumulative Preferred Stock | $0.46875 | September 28, 2018 | October 15, 2018 |
| 7.50% Series I Cumulative Preferred Stock | $0.46875 | September 28, 2018 | October 15, 2018 |
Material Changes
The filing text does not provide comparative data against prior periods to determine material changes in dividend amounts or financial performance.
Guidance, Outlook, and Risks
Management Commentary: The filing references a press release (Exhibit 99.1) but contains no specific management commentary, forward-looking guidance, or risk factors within the text provided.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the total number of outstanding shares for each security class to calculate total dividend payout obligations.
- Confirm the company's cash position in the most recent 10-Q or 10-K to ensure liquidity for the October 15, 2018, payment date.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend declaration not included in the 8-K text.
- Check for any arrears on cumulative preferred stock series prior to this quarter.