Reminder: Ashford Hospitality Trust Series D Cumulative Preferred Stock Goes Ex-Dividend Soon

On 12/27/13, Ashford Hospitality Trust Inc's 8.45% Series D Cumulative Preferred Stock ( AHT.PRD) will trade ex-dividend, for its quarterly dividend of $0.5281, payable on 1/15/14. As a percentage of AHT.PRD's recent share price of $25.57, this dividend works out to approximately 2.07%, so look for shares of AHT.PRD to trade 2.07% lower — all else being equal — when AHT.PRD shares open for trading on 12/27/13. On an annualized basis, the current yield is approximately 8.27%, which compares to an average yield of 8.58% in the "REITs" preferred stock category, according to Preferred Stock Channel.

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As of last close, AHT.PRD was trading at a 2.20% premium to its liquidation preference amount. The chart below shows the one year performance of AHT.PRD shares, versus AHT:

Performance Comparison Chart

Below is a dividend history chart for AHT.PRD, showing historical dividends prior to the most recent $0.5281 on Ashford Hospitality Trust Inc's 8.45% Series D Cumulative Preferred Stock:

AHT.PRD+Dividend+History+Chart

According to the ETF Finder at ETF Channel, Ashford Hospitality Trust Inc ( AHT) makes up 1.22% of the DWA Developed Markets Momentum Portfolio ETF (PIZ) which is trading relatively unchanged on the day Thursday.

In Thursday trading, Ashford Hospitality Trust Inc's 8.45% Series D Cumulative Preferred Stock ( AHT.PRD) is currently up about 0.1% on the day, while the common shares ( AHT) are trading flat.

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