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

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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

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