Ashford Hospitality Trust Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report, dated December 17, 2012, discloses a Regulation FD event regarding the declaration of dividends by the Board of Directors of Ashford Hospitality Trust, Inc. for the fourth quarter ending December 31, 2012.
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: $0.11 per diluted share.
- 8.55% Series A Preferred Stock Dividend: $0.5344 per diluted share.
- 8.45% Series D Preferred Stock Dividend: $0.5281 per diluted share.
- 9.00% Series E Preferred Stock Dividend: $0.5625 per diluted share.
- Payment Date: January 15, 2013.
- Record Date: December 31, 2012.
Material Changes and Outlook
The Board approved a dividend policy for 2013, expecting to pay a quarterly cash dividend of $0.12 per share on common stock. Management noted that the dividend policy will continue to be reviewed on a quarter-to-quarter basis. No material changes to financial performance or unusual items were disclosed in this specific filing.
Investor Verification Checklist
- Verify the record date of December 31, 2012, to confirm eligibility for the declared dividends.
- Confirm the payment date of January 15, 2013, for cash flow planning.
- Monitor future filings for confirmation of the $0.12 quarterly common dividend policy for 2013, as it is subject to quarterly review.
- Review the attached press release (Exhibit 99.1) for any additional context not summarized here.