Ashford Stock To Go Ex-dividend Tomorrow (AHT)

NEW YORK ( TheStreet) -- The ex-dividend date for Ashford Hospitality (NYSE: AHT) is tomorrow, March 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 11 cents per share. At a price of $9.57 as of 9:30 a.m. ET, the dividend yield is 4.7%.

The average volume for Ashford has been 615,700 shares per day over the past 30 days. Ashford has a market cap of $610.2 million and is part of the financial sector and real estate industry. Shares are up 18.9% year to date as of the close of trading on Monday.

Ashford Hospitality Trust, Inc. is a publicly owned real estate investment trust. The firm engages in investment and management of properties in the hospitality industry. It invests in the real estate markets of the United States.

TheStreet Ratings rates Ashford as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Ashford Ratings Report.

See our dividend calendar or top-yielding stocks list.
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