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 September 12, 2019. The filing serves as a Regulation FD disclosure regarding the declaration of dividends for the third quarter ending September 30, 2019.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margin, debt, or liquidity metrics. It focuses exclusively on dividend declarations.
- Common Stock Dividend: $0.06 per diluted share.
- Series D Preferred Stock (8.45%): $0.5281 per diluted share.
- Series F Preferred Stock (7.375%): $0.4609 per diluted share.
- Series G Preferred Stock (7.375%): $0.4609 per diluted share.
- Series H Preferred Stock (7.50%): $0.46875 per diluted share.
- Series I Preferred Stock (7.50%): $0.46875 per diluted share.
All dividends are payable on October 15, 2019, to shareholders of record as of September 30, 2019.
Material Changes
The filing does not contain comparative financial data or discuss material changes in operating performance versus prior periods. The primary event is the Board of Directors' declaration of the quarterly dividends listed above.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the standard disclosure that the information is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Investor Verification Checklist
- Verify the record date of September 30, 2019, to confirm eligibility for the declared dividends.
- Confirm the payment date of October 15, 2019, for cash flow planning.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the dividend policy.
- Check subsequent filings for actual payment confirmation and any changes to the dividend schedule.