RLJ Lodging Trust Announces Dividends for First Quarter of 2023
15 Mars 2023 - 2:00PM
Business Wire
RLJ Lodging Trust (the “Company”) (NYSE: RLJ) announced in its
Q4 2022 Earnings Release that its Board of Trustees had declared a
quarterly cash dividend of $0.08 per common share of beneficial
interest. The dividend is payable on April 17, 2023, to
shareholders of record as of March 31, 2023.
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 28, 2023, to shareholders of record as of March
31, 2023.
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.
Forward Looking
Statements
This information contains certain statements, other than purely
historical information, including estimates, projections,
statements relating to the Company’s business plans, objectives and
expected operating results, and the assumptions upon which those
statements are based, that are “forward looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995, Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements generally are identified by the
use of the words “believe,” “project,” “expect,” “anticipate,”
“estimate,” “plan,” “may,” “will,” “will continue,” “intend,”
“should,” “may,” or similar expressions. Although the Company
believes that the expectations reflected in such forward-looking
statements are based upon reasonable assumptions, beliefs and
expectations, such forward-looking statements are not predictions
of future events or guarantees of future performance and our actual
results could differ materially from those set forth in the
forward-looking statements. Except as required by law, the Company
undertakes no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise. The Company cautions investors not to
place undue reliance on these forward looking statements and urges
investors to carefully review the disclosures the Company makes
concerning risks and uncertainties in the sections entitled “Risk
Factors,” “Forward- Looking Statements,” and “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” in the Company’s Annual Report, as well as risks,
uncertainties and other factors discussed in other documents filed
by the Company with the Securities and Exchange Commission.
For additional information or to receive press
releases via email, please visit our website:
http://www.rljlodgingtrust.com
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version on businesswire.com: https://www.businesswire.com/news/home/20230314005777/en/
Sean M. Mahoney, Executive Vice President and Chief Financial
Officer – (301) 280-7774
RLJ Lodging (NYSE:RLJ)
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