Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 15, 2018
Reporting Period: First Quarter ending March 31, 2018
This filing serves as a Regulation FD disclosure announcing 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 exclusively details dividend declarations.
| Security Class | Dividend Amount (Per Share) | Record Date | Payment Date |
|---|---|---|---|
| Common Stock | $0.12 | March 30, 2018 | April 16, 2018 |
| 8.45% Series D Cumulative Preferred | $0.5281 | March 30, 2018 | April 16, 2018 |
| 7.375% Series F Cumulative Preferred | $0.4609 | March 30, 2018 | April 16, 2018 |
| 7.375% Series G Cumulative Preferred | $0.4609 | March 30, 2018 | April 16, 2018 |
| 7.50% Series H Cumulative Preferred | $0.46875 | March 30, 2018 | April 16, 2018 |
| 7.50% Series I Cumulative Preferred | $0.46875 | March 30, 2018 | April 16, 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 Board of Directors has formally declared dividends for the first quarter of 2018 across all listed equity classes.
Outlook: No forward-looking guidance or outlook is provided in this document.
Risks and Contingencies: No specific risks or contingencies are disclosed in this filing.
Investor Verification Checklist
- Verify the total number of outstanding shares for each class to calculate the aggregate dividend payout obligation.
- Confirm the company's cash position in the most recent 10-Q or 10-K to ensure liquidity is sufficient to cover the April 16, 2018 payments.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the dividend policy or capital allocation strategy.
- Check for any arrears on cumulative preferred stock series prior to this declaration.