RLJ Lodging Trust Announces 2021 Dividend Income Tax Information

Rhea-AI Summary

RLJ Lodging Trust (NYSE: RLJ) has announced the tax classification of dividend distributions for 2021. Shareholders of common shares and Series A Preferred Shares can expect a total distribution of $0.0400 per common share and $1.9500 per Series A Preferred Share for the year. Key payment dates include January 15, April 15, July 15, and October 15 for common shares, and January 29, April 30, July 30, and October 29 for preferred shares. The data is preliminary and may be subject to adjustments. Shareholders are encouraged to consult tax advisors for specific treatment.

Positive

• Declared total distribution of $0.0400 per common share for 2021.
• Declared total distribution of $1.9500 per Series A Preferred Share for 2021.
• Clear communication of dividend payment dates enhances transparency for investors.

Negative

• None.

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2021 tax classification of the dividend distributions made to the Company’s holders of its common shares of beneficial interest and Series A Preferred Shares.

The income tax classification as expected to be reported on Form 1099-DIV is as follows:

Common Stock (CUSIP # 74965L101):

Record Date		Payment Date		Total Distribution Per Share		Total Distribution Allocable to 2021		Return of Capital
12/31/2020		1/15/2021		$0.0100		$0.0100		$0.0100
3/31/2021		4/15/2021		$0.0100		$0.0100		$0.0100
6/30/2021		7/15/2021		$0.0100		$0.0100		$0.0100
9/30/2021		10/15/2021		$0.0100		$0.0100		$0.0100
Total				$0.0400		$0.0400		$0.0400
Percent								100%

Series A Preferred Stock (CUSIP # 74965L200):

Record Date		Payment Date		Total Distribution Per Share		Total Distribution Allocable to 2021		Return of Capital
12/31/2020		1/29/2021		$0.4875		$0.4875		$0.4875
3/31/2021		4/30/2021		$0.4875		$0.4875		$0.4875
6/30/2021		7/30/2021		$0.4875		$0.4875		$0.4875
9/30/2021		10/29/2021		$0.4875		$0.4875		$0.4875
Total				$1.9500		$1.9500		$1.9500
Percent								100%

The information presented above is based on preliminary results and is subject to correction or adjustment when the Company’s filings are completed. The tax information provided should not be construed as tax advice. Shareholders are encouraged to consult with their tax advisors regarding their specific tax treatment.

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/20220128005068/en/

Sean Mahoney, Executive Vice President and Chief Financial Officer – (301) 280-7777

Source: RLJ Lodging Trust

FAQ

What is the dividend amount for RLJ Lodging Trust's common shares in 2021?

The dividend amount for RLJ Lodging Trust's common shares in 2021 is $0.0400 per share.

What is the dividend amount for RLJ Lodging Trust's Series A Preferred Shares in 2021?

The dividend amount for RLJ Lodging Trust's Series A Preferred Shares in 2021 is $1.9500 per share.

When will RLJ Lodging Trust pay dividends for common shares in 2021?

The payment dates for RLJ Lodging Trust's common shares in 2021 are January 15, April 15, July 15, and October 15.

When will RLJ Lodging Trust pay dividends for Series A Preferred Shares in 2021?

The payment dates for RLJ Lodging Trust's Series A Preferred Shares in 2021 are January 29, April 30, July 30, and October 29.

Is the dividend from RLJ Lodging Trust taxable?

Yes, the dividend distributions from RLJ Lodging Trust are subject to income tax, and shareholders should consult tax advisors for specific treatment.