Ashford Hospitality Trust Declares Q2 and Monthly Dividends
The announced dividends cover both quarterly and monthly payouts through July, underscoring the REIT’s ongoing capital return strategy.
April 11, 2025
Quarterly Dividends Offer Predictability Through Mid-Year
Ashford Hospitality Trust, Inc. has rolled out a new round of dividends for its preferred shareholders, covering both quarterly and monthly disbursements through July. This latest announcement signals continuity in the company’s capital return strategy and gives shareholders a clear look at what to expect over the next few months.
Let’s start with the quarterly payouts. The company’s Board of Directors approved second-quarter dividends for five preferred stock series:
- $0.5281 per diluted share for the Series D
- $0.4609 per share for both Series F and Series G
- $0.46875 per share for Series H and Series I
Each of these dividends is scheduled to be paid on July 15, 2025, to shareholders of record as of June 30, 2025.
Monthly Dividends Create Steady Cash Flow
Alongside those quarterly payments, Ashford laid out a monthly schedule for its Series J and Series K Redeemable Preferred Stock. These monthly dividends are structured and consistent, helping investors plan ahead.
For Series J holders—more than 7.67 million shares were outstanding as of March 31—the dividends are:
- $0.16667 per share on May 15, for shareholders of record as of April 30
- $0.16667 per share on June 16, for shareholders of record as of May 30
- $0.16667 per share on July 15, for shareholders of record as of June 30
Series K dividends are more nuanced, with amounts varying slightly by CUSIP group. Payments include:
- $0.17500 per share for certain CUSIPs (e.g., 04410D867, 04410D792, 04410D727)
- $0.17292 per share for others (e.g., 04410D651, 04410D578, 04410D511, 04410D438)
- $0.17083 per share for the remaining CUSIPs
These are also payable on May 15, June 16, and July 15, with corresponding record dates on the last day of the prior month.
A Consistent Payout Policy
This isn’t a change in course—it’s a continuation of Ashford’s preferred dividend policy. It reflects the company’s commitment to providing predictable returns across its capital structure. With over 759,000 shares of Series K outstanding, the breakdown by CUSIP helps ensure that investors across categories receive timely, transparent distributions.
Ashford did not signal any changes to its broader financial strategy or guidance. The dividend structure aligns with previous practices and reinforces the company’s posture through the second quarter and into mid-year 2025.
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