RLJ Lodging Trust (RLJ) Declares $0.33 Quarterly Dividend; 5.9% Yield

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Go back to RLJ Lodging Trust (RLJ) Declares $0.33 Quarterly Dividend; 5.9% Yield

RLJ Lodging Trust Announces Dividend for the First Quarter 2016

March 15, 2016 9:15 AM EDT

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today announced that its Board of Trustees declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 15, 2016, to shareholders of record as of March 31, 2016.

Based on the Companys common stock closing price of $22.42 on March 14, 2016, the annualized $1.32 dividend represents a 5.9% yield.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Company owns... More