Ashford Hospitality Trust Inc. - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by Ashford Hospitality Trust, Inc. on December 20, 2004, reporting events occurring on December 17, 2004. The filing serves as a Regulation FD disclosure regarding a dividend declaration for the Company's 8.55% Series A Cumulative Preferred Stock.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend declaration:
- Dividend Type: 8.55% Series A Cumulative Preferred Stock.
- Total Dividend Declared: Approximately $0.5878 per fully-diluted share.
- Dividend Composition: Includes a regular quarterly dividend of $0.5344 and a partial dividend of $0.0534 for the period September 22 to September 30, 2004.
- Payment Date: January 18, 2005.
- Record Date: December 31, 2004.
Material Changes
The filing does not report material changes in operating results, liquidity, or debt levels compared to prior periods. The primary event is the declaration of the dividend for the fourth quarter ended December 31, 2004.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure of the dividend payment schedule.
Key Facts for Investor Verification
- Verify the record date of December 31, 2004, to confirm eligibility for the $0.5878 per share dividend.
- Confirm the payment date of January 18, 2005, for cash flow planning.
- Note that the dividend includes a partial payment for the period between September 22 and September 30, 2004.
- Review the attached press release (Exhibit 99.49) for any additional context not included in the summary text.