RLJ RLJ Lodging Trust

RLJ Lodging Trust Announces Dividends for Second Quarter of 2024

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 July 15, 2024, to shareholders of record as of June 28, 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 July 31, 2024, to shareholders of record as of June 28, 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.

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EN
14/06/2024

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Reports on RLJ Lodging Trust

Dave Nicoski ... (+2)
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 PRESS RELEASE

RLJ Lodging Trust Announces Dividends for Third Quarter of 2024

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) previously announced in its Q2 2024 Earnings Release that its Board of Trustees had declared a quarterly cash dividend of $0.15 per common share of beneficial interest. The dividend is payable on October 15, 2024, to shareholders of record as of September 30, 2024. The Board of Trustees had also declared a quarterly cash dividend of $0.4875 on the Company’s Series A Preferred Shares. The dividend is payable on October 31, 2024, to shareholders of record as of September 30, 2024. About Us RLJ Lodging Trust is a se...

 PRESS RELEASE

RLJ Lodging Trust Sets Dates for Third Quarter 2024 Earnings Release a...

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the third quarter ended September 30, 2024, after the markets close on November 6, 2024. The Company will also host a conference call on November 7, 2024 at 12:00 p.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes before the call. The conference call can be accessed by dialing (877) 407-3982 or (201) 493-6780 for international participants and requesting RLJ Lodging Trust’s second quarter earnings conference call. A replay of...

 PRESS RELEASE

RLJ Lodging Trust Acquires Hotel Teatro in Denver

BETHESDA, M.D.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that it has acquired the fee simple interest in the 110-room Hotel Teatro in Denver (the “Hotel”) for a purchase price of $35.5 million. The Hotel was redeveloped into an independent boutique lifestyle hotel following the transformational conversion of the historic Denver Tramway Company office building, built circa 1911. The hotel is expected to generate over a 10% stabilized yield. This press release features multimedia. View the full release here: Hotel Teatro Exterior. (Photo: Business Wire) “W...

 PRESS RELEASE

RLJ Lodging Trust Reports Second Quarter 2024 Results

BETHESDA, Md.--(BUSINESS WIRE)-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three and six months ended June 30, 2024. Second Quarter Highlights Portfolio Comparable RevPAR of $157.30; an increase of 2.6% from last year Total Revenue of $369.3 million; an increase of 3.5% from last year Net Income of $37.3 million Comparable Hotel EBITDA of $118.6 million Adjusted EBITDA of $109.0 million Adjusted FFO per diluted common share and unit of $0.51 Acquired Hotel Teatro in Denver for $35.5 million Repurchased 0.3 million shares for approxim...

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