Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 14, 2017
Reporting Period: First Quarter ending March 31, 2017
This filing serves as a Regulation FD disclosure announcing the Board of Directors' declaration of dividends for common and preferred stockholders.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on dividend declarations.
| Security Class | Dividend Rate (Per Share) | Record Date | Payment Date |
|---|---|---|---|
| Common Stock | $0.12 | March 31, 2017 | April 15, 2017 |
| 8.55% Series A Cumulative Preferred | $0.5344 | March 31, 2017 | April 15, 2017 |
| 8.45% Series D Cumulative Preferred | $0.5281 | March 31, 2017 | April 15, 2017 |
| 7.375% Series F Cumulative Preferred | $0.4609 | March 31, 2017 | April 15, 2017 |
| 7.375% Series G Cumulative Preferred | $0.4609 | March 31, 2017 | April 15, 2017 |
Material Changes
This filing does not contain comparative financial data or material changes regarding operations versus prior periods. It solely reports the new dividend declarations for the current quarter.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors has approved the dividend payments listed above. A press release detailing this announcement is attached as Exhibit 99.1.
Risks and Contingencies: The filing text does not provide specific risk factors or contingencies beyond standard legal disclaimers regarding the incorporation of exhibits.
Investor Verification Checklist
- Verify the record date of March 31, 2017, to confirm eligibility for the declared dividends.
- Confirm the payment date of April 15, 2017, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend policy.
- Note that this 8-K does not contain audited financial statements or operational performance metrics.