DALLAS, Jan. 29, 2018 /PRNewswire/ -- Ashford
Hospitality Trust, Inc. (NYSE: AHT) today announced the tax
reporting (Federal Form 1099-DIV) information for the 2017
distributions on its common shares and its Series A, D, F, G and H
preferred shares.
The income tax treatment for 2017 for Ashford Hospitality Trust,
Inc. Common Stock CUSIP #044103109 traded on the NYSE under ticker
symbol "AHT" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$0.4800
|
$0.0000
|
$0.0000
|
$0.0000
|
$0.4800
|
Total
Distributions
|
$0.4800
|
$0.0000
|
$0.0000
|
$0.0000
|
$0.4800
|
Percent
|
100%
|
0.0000%
|
0.0000%
|
0.0000%
|
100.00%
|
The income tax treatment for the 2017 distributions for Ashford
Hospitality Trust, Inc. Series A Preferred Stock CUSIP #044103208
traded on the NYSE under ticker symbol "AHTPrA" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$1.60320
|
$0.0000
|
$0.86049
|
$0.0000
|
$0.74271
|
Percent
|
100%
|
0.0000%
|
53.67334%
|
0.0000%
|
46.32666%
|
On September 18, 2017 Ashford
Hospitality Trust, Inc. redeemed all outstanding shares of its
Series A Preferred Stock at $25.00
per share plus accrued and unpaid dividends in the amount of
$.463125 per share. $25.463125 per share should be treated as
redemption proceeds.
The income tax treatment for the 2017 distributions for Ashford
Hospitality Trust, Inc. Series D Preferred Stock CUSIP #044103406
traded on the NYSE under ticker symbol "AHTPrD" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$2.11240
|
$0.0000
|
$1.13380
|
$0.0000
|
$0.97860
|
Percent
|
100%
|
0.0000%
|
53.67334%
|
0.0000%
|
46.32666%
|
On September 18, 2017 Ashford
Hospitality Trust, Inc. redeemed 1,564,353 outstanding shares of
its Series D Preferred Stock at $25.00 per share plus accrued and unpaid
dividends in the amount of $.457709
per share. $25.457709 per share
should be treated as redemption proceeds.
On October 4, 2017 Ashford
Hospitality Trust, Inc. redeemed 379,036 outstanding shares of its
Series D Preferred Stock at $25.00
per share plus accrued and unpaid dividends in the amount of
$.551598 per share. $25.551598 per share should be treated as
redemption proceeds.
On December 8, 2017 Ashford
Hospitality Trust, Inc. redeemed 5,135,924 outstanding shares of
its Series D Preferred Stock at $25.00 per share plus accrued and unpaid
dividends in the amount of $.399028
per share. $25.399028 per share
should be treated as redemption proceeds.
The income tax treatment for the 2017 distributions for Ashford
Hospitality Trust, Inc. Series F Preferred Stock CUSIP #044103604
traded on the NYSE under ticker symbol "AHTPrF" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$1.84360
|
$0.0000
|
$0.98952
|
$0.0000
|
$0.85408
|
Percent
|
100%
|
0.0000%
|
53.67334%
|
0.0000%
|
46.32666%
|
The income tax treatment for the 2017 distributions for Ashford
Hospitality Trust, Inc. Series G Preferred Stock CUSIP #044103703
traded on the NYSE under ticker symbol "AHTPrG" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$1.75660
|
$0.0000
|
$0.94283
|
$0.0000
|
$0.81377
|
Percent
|
100%
|
0.0000%
|
53.67334%
|
0.0000%
|
46.32666%
|
The income tax treatment for the 2017 distributions for Ashford
Hospitality Trust, Inc. Series H Preferred Stock CUSIP # 044103802
traded on the NYSE under ticker symbol "AHTPrH" is as follows:
Distribution
Type
|
|
Distributions Per
Share
|
Ordinary Taxable
Dividend
|
Capital Gain
Distribution
|
Unrecaptured 1250
Gain
|
Return of
Capital
|
Total Cash Per
Share
|
$0.18750
|
$0.0000
|
$0.10064
|
$0.0000
|
$0.08686
|
Percent
|
100%
|
0.0000%
|
53.67334%
|
0.0000%
|
46.32666%
|
The common and preferred distributions that the Company paid on
January 17, 2017 to shareholders of
record as of December 30, 2016 are
reportable in 2017. The common and preferred distributions that the
company paid on January 16, 2018 to
shareholders of record as of December 29,
2017 will be reportable in 2018.
In accordance with IRS Code Section 6045B, the Company will post Form 8937, Report of
Organizational Actions Affecting Basis of Securities, which may be
found in the Corporate Actions section of the company's website.
This form provides detailed information on the return of capital
portion of the preferred and common share distributions. The
Company encourages shareholders to consult with their own tax
advisors with respect to the federal, state and local, and foreign
income tax effects of these dividends.
Ashford Hospitality Trust is a real estate investment trust
(REIT) focused on investing opportunistically in the hospitality
industry in upper upscale, full-service hotels.
Ashford has created an Ashford App for the hospitality REIT
investor community. The Ashford App is available for free
download at Apple's App Store and
the Google Play Store by searching "Ashford."
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SOURCE Ashford Hospitality Trust, Inc.