ITEM 7.01 REGULATION FD DISCLOSURE.
On January 11, 2023, Ashford Hospitality Trust, Inc. (the "Company") issued a
press release announcing that its board of directors:
a) declared a dividend for the first quarter ending March 31, 2023, of $0.5281
per diluted share, for the Company's 8.45% Series D Cumulative Preferred Stock.
This dividend is payable April 17, 2023 to stockholders of record as of March
31, 2023;
b) declared a dividend for the first quarter ending March 31, 2023, of $0.4609
per diluted share, for the Company's 7.375% Series F Cumulative Preferred Stock.
This dividend is payable April 17, 2023 to stockholders of record as of March
31, 2023;
c) declared a dividend for the first quarter ending March 31, 2023, of $0.4609
per diluted share, for the Company's 7.375% Series G Cumulative Preferred Stock.
This dividend is payable April 17, 2023 to stockholders of record as of March
31, 2023;
d) declared a dividend for the first quarter ending March 31, 2023, of $0.46875
per diluted share, for the Company's 7.50% Series H Cumulative Preferred Stock.
This dividend is payable April 17, 2023 to stockholders of record as of March
31, 2023;
e) declared a dividend for the first quarter ending March 31, 2023, of $0.46875
per diluted share, for the Company's 7.50% Series I Cumulative Preferred Stock.
This dividend is payable April 17, 2023 to stockholders of record as of March
31, 2023;
f) declared a monthly cash dividend for the Company's Series J Redeemable
Preferred Stock equal to a quarterly rate of $0.50 per share, payable as
follows: $0.1666 per share will be paid on February 15, 2023 to stockholders of
record as of January 31, 2023; $0.1666 per share will be paid on March 15, 2023
to stockholders of record as of February 28, 2023; and $0.1666 per share will be
paid on April 17, 2023 to stockholders of record as of March 31, 2023; and
g) declared a monthly cash dividend for the Company's Series K Redeemable
Preferred Stock equal to a quarterly rate of $0.5125 per share, payable as
follows: $0.1708 per share will be paid on February 15, 2023 to stockholders of
record as of January 31, 2023; $0.1708 per share will be paid on March 15, 2023
to stockholders of record as of February 28, 2023; and $0.1708 per share will be
paid on April 17, 2023 to stockholders of record as of March 31, 2023.
As of December 31, 2022, there were 87,115 shares of the Company's Series J
Redeemable Preferred Stock and 1,800 shares of the Company's Series K Redeemable
Preferred Stock issued and outstanding.
A copy of the Press Release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference. The information in this Item 7.01 of this Form
8-K and Exhibit 99.1 attached hereto shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed
incorporated by reference in any filing under the Securities Act of 1933, except
as shall be expressly set forth by specific reference in such filing.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
Exhibit Number Description
99.1 Press Release of the Company, dated January 11, 2023, furnished under
Item 7.01, announcing the declaration of dividends.
104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in
Exhibit 101)
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses