DALLAS, Jan. 27, 2017 /PRNewswire/ -- Ashford
Hospitality Trust, Inc. (NYSE: AHT) today announced the tax
reporting (Federal Form 1099-DIV) information for the 2016
distributions on its common shares and its Series A, D, E and F
preferred shares.
The income tax treatment for 2016 for Ashford Hospitality Trust,
Inc. Common Stock CUSIP #044103109 traded on the NYSE under ticker
symbol "AHT" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Total Capital
Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$0.4800
|
$0
|
$0
|
$0.4800
|
Total
Distributions
|
$0.4800
|
$0
|
$0
|
$0.4800
|
Percent
|
100%
|
0%
|
0%
|
100%
|
The income tax treatment for the 2016 distributions for Ashford
Hospitality Trust, Inc. Series A Preferred Stock CUSIP #044103208
traded on the NYSE under ticker symbol "AHTPrA" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Total Capital
Gain
Distribution
|
Return of
Capital
|
Total Cash Per
Share
|
$2.1376
|
$0
|
$0
|
$2.1376
|
Percent
|
100%
|
0%
|
0%
|
100%
|
The income tax treatment for the 2016 distributions for Ashford
Hospitality Trust, Inc. Series D Preferred Stock CUSIP #044103406
traded on the NYSE under ticker symbol "AHTPrD" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Total Capital
Gain
Distribution
|
Return of
Capital
|
Total Per
Share
|
$2.1124
|
$0
|
$0
|
$2.1124
|
Percent
|
100%
|
0%
|
0%
|
100%
|
The income tax treatment for the 2016 distributions for Ashford
Hospitality Trust, Inc. Series E Preferred Stock CUSIP #044103505
traded on the NYSE under ticker symbol "AHTPrE" is as follows:
Distribution
Type
|
|
Distributions
Per Share
|
Ordinary Taxable
Dividend
|
Total Capital
Gain
Distribution
|
Return of
Capital
|
Total Per
Share
|
$1.6875
|
$0
|
$0
|
$1.6875
|
Percent
|
100%
|
0%
|
0%
|
100%
|
On August 8, 2016 Ashford
Hospitality Trust, Inc. redeemed all outstanding shares of its
Series E Preferred Stock at $25.00
per share plus accrued and unpaid dividends in the amount of
$.23125 per share. $25.23125 per share should be treated as
redemption proceeds.
The income tax treatment for the 2016 distributions for Ashford
Hospitality Trust, Inc. Series F Preferred Stock CUSIP #044103604
traded on the NYSE under ticker symbol "AHTPrF" is as follows:
Distribution
Type
|
|
Distributions
Per Share
|
Ordinary Taxable
Dividend
|
Total Capital
Gain
Distribution
|
Return of
Capital
|
Total Per
Share
|
$0.3995
|
$0
|
$0
|
$0.3995
|
Percent
|
100%
|
0%
|
0%
|
100%
|
The common and preferred distributions that the Company paid on
January 15, 2016 to shareholders of
record as of December 31, 2015 are
reportable in 2016. The common and preferred distributions that the
company paid on January 17, 2017 to
shareholders of record as of December 30,
2016 will be reportable in 2017.
In accordance with IRS Code Section 6045B, the Company has
posted Form 8937, Report of Organizational Actions Affecting Basis
of Securities, which may be found in the Corporate Actions section
of the company's website. This form provides detailed information
on the return of capital portion of the preferred and common share
distributions. The Company encourages shareholders to consult with
their own tax advisors with respect to the federal, state and
local, and foreign income tax effects of these dividends.
Ashford Hospitality Trust is a real estate investment trust
(REIT) focused on investing opportunistically in the hospitality
industry in upper upscale, full-service hotels.
Ashford has created an Ashford App for the hospitality REIT
investor community. The Ashford App is available for free
download at Apple's App Store and
the Google Play Store by searching "Ashford."
Certain statements and assumptions in this press release
contain or are based upon "forward-looking" information and are
being made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and
uncertainties. When we use the words "will likely result,"
"may," "anticipate," "estimate," "should," "expect," "believe,"
"intend," or similar expressions, we intend to identify
forward-looking statements. Such statements are subject to
numerous assumptions and uncertainties, many of which are outside
Ashford Trust's control.
These forward-looking statements are subject to known and
unknown risks and uncertainties, which could cause actual results
to differ materially from those anticipated, including, without
limitation: general volatility of the capital markets and the
market price of our common stock; changes in our business or
investment strategy; availability, terms and deployment of capital;
availability of qualified personnel; changes in our industry and
the market in which we operate, interest rates or the general
economy; and the degree and nature of our competition. These
and other risk factors are more fully discussed in Ashford Trust's
filings with the Securities and Exchange Commission.
The forward-looking statements included in this press release
are only made as of the date of this press release. Investors
should not place undue reliance on these forward-looking
statements. We are not obligated to publicly update or revise
any forward-looking statements, whether as a result of new
information, future events or circumstances, changes in
expectations or otherwise.
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SOURCE Ashford Hospitality Trust, Inc.