Business Context and Reporting Period
Company: Ashford Hospitality Trust, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 11, 2025
Event: Declaration of dividends for multiple 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 and outstanding share counts as of June 30, 2025.
| Series | Dividend Rate/Amount | Frequency | Payable Date | Record Date |
|---|---|---|---|---|
| Series D (8.45%) | $0.5281 per share | Quarterly | Oct 15, 2025 | Sep 30, 2025 |
| Series F (7.375%) | $0.4609 per share | Quarterly | Oct 15, 2025 | Sep 30, 2025 |
| Series G (7.375%) | $0.4609 per share | Quarterly | Oct 15, 2025 | Sep 30, 2025 |
| Series H (7.50%) | $0.46875 per share | Quarterly | Oct 15, 2025 | Sep 30, 2025 |
| Series I (7.50%) | $0.46875 per share | Quarterly | Oct 15, 2025 | Sep 30, 2025 |
| Series J | $0.16667 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
| Series K (Select CUSIPs) | $0.17500 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
| Series K (Select CUSIPs) | $0.17292 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
| Series K (Remaining CUSIPs) | $0.17083 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
| Series L | $0.15625 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
| Series M | $0.16042 per share | Monthly | Aug 15, Sep 15, Oct 15, 2025 | Jul 31, Aug 29, Sep 30, 2025 |
Material Changes
The filing does not provide comparative financial data or discuss material changes in operations versus prior periods. It serves as a notification of the Board's declaration of dividends for the third quarter of 2025 and subsequent monthly payments.
Outlook and Management Commentary
The filing contains no forward-looking guidance, management commentary on market conditions, or discussion of risks and contingencies beyond the standard disclosure that the information is not deemed "filed" for Section 18 liability purposes.
Outstanding Share Counts (as of June 30, 2025)
- Series J: 7,699,923 shares
- Series K: 747,299 shares
- Series L: 112,181 shares
- Series M: 145,232 shares
Note: The filing text lists "Series L" twice in the share count section; the second instance likely refers to Series M based on the context of the dividend declaration.
Investor Verification Checklist
- Verify the specific CUSIP numbers for Series K holdings to confirm the applicable dividend rate ($0.17500, $0.17292, or $0.17083).
- Confirm record dates for monthly dividends (July 31, August 29, September 30) to ensure eligibility for upcoming payments.
- Review the attached Press Release (Exhibit 99.1) for any additional context not included in the 8-K text.
- Check the company's latest 10-Q or 10-K for comprehensive financial performance metrics, as this 8-K does not contain them.