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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