Ashford Hospitality Trust
Market Cap: $560 million
Dividend Yield: 5.3%
June 11 Open: $8.59
Ashford Hospitality Trust (NYSE:AHT) is a real estate investment trust focused on the hospitality industry, owning and investing in hotel or condo properties. The company is small, with a roughly $560 million market cap as of this writing, and only trades about 500,000 shares daily.
However, the 11-cent quarterly dividend is good for a nice 5.3% dividend yield. What’s more, the stock has outperformed the market with a gain of almost 4% since Jan. 1, and the dividend was just bumped up from 10 cents to 11 cents this spring. Ashford has not announced its next dividend, but you should expect it soon considering the previous dividend announcement was declared roughly three months ago.