RLJ Lodging Trust Announces Dividends for First Quarter of 2024

Rhea-AI Summary

RLJ Lodging Trust declares quarterly cash dividends for common shares and Series A Preferred Shares.

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

FAQ

What dividend has RLJ Lodging Trust declared for common shares?

RLJ Lodging Trust has declared a quarterly cash dividend of $0.10 per common share.

When is the dividend for common shares payable?

The dividend for common shares is payable on April 15, 2024.

What dividend has RLJ Lodging Trust declared for Series A Preferred Shares?

RLJ Lodging Trust has declared a quarterly cash dividend of $0.4875 on the Series A Preferred Shares.

When is the dividend for Series A Preferred Shares payable?

The dividend for Series A Preferred Shares is payable on April 30, 2024.