Ashford Hospitality Trust's 8.45% Series D Cumulative Preferred Stock About To Put More Money In Your Pocket

By
A A A

On 3/27/14, Ashford Hospitality Trust Inc's 8.45% Series D Cumulative Preferred Stock (Symbol: AHT.PRD) will trade ex-dividend, for its quarterly dividend of $0.5281, payable on 4/15/14. As a percentage of AHT.PRD's recent share price of $25.78, this dividend works out to approximately 2.05%, so look for shares of AHT.PRD to trade 2.05% lower - all else being equal - when AHT.PRD shares open for trading on 3/27/14. On an annualized basis, the current yield is approximately 8.20%, which compares to an average yield of 7.49% in the "REITs" preferred stock category, according to Preferred Stock Channel . 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 (Symbol: AHT) makes up 1.45% of the PowerShares DWA Developed Markets Momentum Portfolio ETF ( PIZ ) which is trading relatively unchanged on the day Tuesday.

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

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas

Referenced Stocks: PIZ , AHT.PRD , AHT

BNK Invest

BNK Invest

More from BNK Invest:

Related Videos

Your Car Is Spying on You
Your Car Is Spying on You           

Stocks

Referenced

Most Active by Volume

73,078,214
  • $30.33 ▼ 3.90%
57,046,796
  • $15.52 ▲ 0.45%
51,290,831
  • $100.57 ▲ 0.04%
39,855,468
  • $8.13 ▲ 1.37%
31,693,544
  • $5.50 ▲ 20.35%
31,532,510
  • $10.33 ▲ 0.78%
31,526,753
  • $39.10 ▲ 47.21%
28,366,542
  • $26.36 ▲ 1.19%
As of 8/20/2014, 04:04 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com