RLJ Lodging Trust (RLJ) Declares $0.33 Quarterly Dividend; 6.5% Yield
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RLJ Lodging Trust Announces Dividends for First Quarter of 2018
March 16, 2018 9:00 AM EDTBETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the Company) (NYSE: RLJ) today announced that its Board of Trustees has declared a regular quarterly cash dividend of $0.33 per common share of beneficial interest. The dividend is payable on April 13, 2018, to shareholders of record as of March 29, 2018. Based on the Companys common stock closing price of $20.24 on March 15, 2018, the annualized $1.32 dividend represents a 6.5% yield.
The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Companys Series A Preferred Shares. The dividend is payable on April 30, 2018, to shareholders of record as of March 29, 2018.
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