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Ashford Hospitality Trust, 8.55% Series A Cumulative Preferred Stock
Ticker Symbol: AHT-A*     CUSIP: 044103208     Exchange: NYSE
Security Type:   Traditional Preferred Stock
* NOTE: This security is no longer trading as of 9/18/2017

Security has been Called for:  Monday, September 18, 2017

Aug. 16, 2017 -- Ashford Hospitality Trust announced today that it intends to redeem all of its issued and outstanding shares of 8.55% Series A Cumulative Preferred Stock (CUSIP No. 044103208) and 1,564,353 shares of its 8.45% Series D Cumulative Preferred Stock (CUSIP No. 044103406). All shares of Redeemed Stock will be redeemed in accordance with the applicable procedures of the Depository Trust Company. The shares of Series D Preferred Stock will be redeemed pro rata from the holders of record of such shares in proportion to the number of such shares held by such holders. The redemption of the Redeemed Stock is conditioned upon the closing by the Company of its previously announced offering of Series H Cumulative Preferred Stock. The redemption date will be September 18, 2017. The shares of Series A Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends from July 1, 2017 through the redemption date, in an amount equal to $0.463125 per share, for a total redemption price of $25.463125 per share. The shares of Series D Preferred Stock will be redeemed at a redemption price of $25.00 per share, plus accrued and unpaid dividends from July 1, 2017 through the redemption date, in an amount equal to $0.457709 per share, for a total redemption price of $25.457709 per share. The redemption price for the Redeemed Stock will be payable in cash, without interest, as soon as practicable after the redemption date. Dividends on shares of Redeemed Stock will cease to accrue on the day prior to the redemption date, such shares shall no longer be deemed outstanding and all rights of the holders in respect of such shares will terminate, except for the right to receive the redemption price, without interest thereon. Because the redemption of the Series A Preferred Stock is a redemption in full, trading of the Series A Preferred Stock on the NYSE will cease after the redemption date. As specified in the notice of redemption, payment of the applicable redemption price will result from the Redeemed Stock being debited from such holder's book-entry account with the Company's transfer agent and pursuant to applicable procedures of the Depository Trust Company on or after the redemption date. The Company's transfer agent is Computershare Trust Company, N.A., attention: Corporate Actions, at 250 Royall Street, Canton, MA 02021. Questions regarding the redemption of the Redeemed Stock, or the procedures therefore, may be directed to Computershare Trust Company, N.A. at 800.546.5141. ____________ March 15, 2011 -- The Board of Directors reinstated the Company's common stock dividend and declared a dividend for the first quarter of 2011 of $0.10 per share The dividend, which equates to an annual rate of $0.40 per share, is payable on April 15, 2011, to shareholders of record as of March 31, 2011. ____________ 12/26/2008 -- Effective with the fourth quarter ending December 31, 2008, and in conjunction with the Credit Facility Amendment outlined above, the Board of Directors suspended the Company's common stock dividend. The Company expects to distribute the minimum dividend required to maintain its REIT status in 2009, which is likely to be assessed, if necessary, in the fourth quarter of 2009.

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Ashford Hospitality Trust, Inc., 8.55% Series A Cumulative Preferred Stock, liquidation preference $25 per share, redeemable at the issuer's option on or after 9/22/2009 at $25 per share plus accrued and unpaid dividends, and with no stated maturity. Distributions of 8.55% ($2.1375) per annum are paid quarterly on 1/15, 4/15, 7/15 & 10/15 to holders of record on the record date of 12/31, 3/31, 6/30 & 9/30 respectively (NOTE: the ex-dividend date is at least 2 business days prior to the record date). Dividends paid by preferreds issued by REITs are NOT eligible for the preferential 15% to 20% tax rate on dividends and are also NOT eligible for the dividend received deduction for corporate holders. In regards to payment of dividends and upon liquidation, the preferred shares rank equally with other preferreds and senior to the common shares of the company. See the IPO prospectus for further information on the preferred stock by clicking on the ‘Link to IPO Prospectus’ provided below.
Stock
Exchange
Cpn Rate
Ann Amt
LiqPref
CallPrice
Call Date
Matur Date
Moodys/S&P
Dated
Distribution Dates 15%
Tax Rate
NYSE
Chart
8.55%
$2.1375
$25.00
$25.00
Called for
9/18/2017

None
NF NF
11/18/2015
1/15, 4/15, 7/15 & 10/15
Click for MW ExDiv Date
Click for Yahoo ExDiv Date
No

Go to Parent Company's Record (AHT)

IPO - 9/15/2004 - 2.00 Million Shares @ $25.00/share.    Link to IPO Prospectus
Market Value $50.0 Million

Company's Online Information Links
HOME PAGE:     http://www.ahtreit.com/
Company's Investor Relations Information Go to Investor Relations Information
Company's Online News Releases Go to News Releases
Online Company Profile Go to Online Profile

Company's Online SEC EDGAR Filings
Company's SEC EDGAR Filings Go to SEC Filings

Company's Email Address Links
Inv Rel Email Address jjennings@ashfordinc.com
General Email Address info@ashfordinc.com
Email Request Form on Website Go to Email Form

Address and Phone Numbers
Address:   14185 Dallas Parkway, Suite 1100, Dallas, TX 75254
Main Phone Number 972-490-9600
Fax Number 972-980-2705
Investor Relations   Jordan Jennings 972-778-9487
Toll Free Phone Number Unknown
CEO - Douglas A. Kessler CFO - Deric S. Eubanks

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