RLJ Lodging Trust Announces Dividends for First Quarter of 2024
Get Alerts RLJ Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3.2%
Revenue Growth %: +2.9%
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BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.10 per common share of beneficial interest. The dividend is payable on April 15, 2024, to shareholders of record as of March 29, 2024.
The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on April 30, 2024, to shareholders of record as of March 29, 2024.
About Us
RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.
For additional information or to receive press releases via email, please visit our website:
http://www.rljlodgingtrust.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20240311045520/en/
Sean M. Mahoney
Executive Vice President and Chief Financial Officer
(301) 280-7774
Source: RLJ Lodging Trust
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