Ashford Hospitality Trust Sets Ex-Dividend Payment Date

Ashford Hospitality Trust

On September 28, 2017 Ashford Hospitality Trust Inc (NYSE:$AHT) began trading ex-dividend. On October 16, 2017 shareholders can expect a dividend payment of $0.12 according to the REIT. Only shareholders who purchased or owned stock before the ex-dividend date are eligible to receive the dividend.

This represents a dividend yield of 7.32% at the current stock price of $6.56. Ashford’s dividend has remained the exact same payout for the past 18 quarters.

As of the previous trading day, the stock sits -20.29% below the 52-week high of $8.23 at a price of $6.56. This is also a 22.62% increase over the stock’s 52 week low of $5.35.

Ashford is an externally advised REIT – real estate investment trust – that owns and operates upscale and upper-upscale hotels across the US. Their holdings include 121 properties with over 25,000 rooms and 86 hotel condominium units at WorldQuest Resort in Orlando. They also have a 13.3% ownership in OpenKey, a 29.7% ownership of Ashford Inc., and a 96.6% ownership in Ashford Quantitative Alternatives.

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About the author: Dylan is a content writer and editor located in Vancouver, British Columbia. He graduated from the University of Regina with BA degrees in both Journalism and History in 2016. His skills include writing, blogging, editing, and developing content for both print and internet media.