{"id":457591,"date":"2021-03-15T09:03:12","date_gmt":"2021-03-15T13:03:12","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=457591"},"modified":"2021-03-15T09:03:12","modified_gmt":"2021-03-15T13:03:12","slug":"rlj-lodging-trust-announces-dividends-for-first-quarter-of-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rlj-lodging-trust-announces-dividends-for-first-quarter-of-2021\/","title":{"rendered":"RLJ Lodging Trust Announces Dividends for First Quarter of 2021"},"content":{"rendered":"

<\/p>\n

RLJ Lodging Trust Announces Dividends for First Quarter of 2021<\/b><\/p>\n

BETHESDA, Md.–(BUSINESS WIRE<\/a>)–
\nRLJ Lodging Trust (the \u201cCompany\u201d) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on April 15, 2021, to shareholders of record as of March 31, 2021.\n<\/p>\n

\nThe Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company\u2019s Series A Preferred Shares. The dividend is payable on April 30, 2021, to shareholders of record as of March 31, 2021.\n<\/p>\n

About Us<\/span><\/b><\/p>\n

\nRLJ 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. The Company’s portfolio consists of 101 hotels with approximately 22,400 rooms, located in 23 states and the District of Columbia and an ownership interest in one unconsolidated hotel with 171 rooms.\n<\/p>\n

Forward Looking Statements<\/span><\/b><\/p>\n

This information contains certain statements, other than purely historical information, including estimates, projections, statements relating to the Company\u2019s business plans, objectives and expected operating results, measures being taken in response to the COVID-19 pandemic, and the impact of the COVID-19 pandemic on our business, and the assumptions upon which those statements are based, that are \u201cforward-looking statements\u201d 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 \u201cbelieve,\u201d \u201cproject,\u201d \u201cexpect,\u201d \u201canticipate,\u201d \u201cestimate,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cwill continue,\u201d \u201cintend,\u201d \u201cshould,\u201d 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 the Company\u2019s actual results could differ materially from those set forth in the forward-looking statements. Some factors that might cause such a difference include the following: the current global economic uncertainty and a worsening of global economic conditions or low levels of economic growth; the duration and scope of the COVID-19 pandemic and its impact on the demand for travel and on levels of consumer confidence; actions governments, businesses and individuals take in response to the pandemic, including limiting or banning travel; the impact of the pandemic on global and regional economies, travel, and economic activity; the pace of recovery when the COVID-19 pandemic subsides; the effects of steps we and our third party management partners take to reduce operating costs; increased direct competition, changes in government regulations or accounting rules; changes in local, national and global real estate conditions; declines in the lodging industry, including as a result of the COVID-19 pandemic; seasonality of the lodging industry; risks related to natural disasters, such as earthquakes and hurricanes; hostilities, including future terrorist attacks or fear of hostilities that affect travel and epidemics and\/or pandemics, including COVID-19; the Company\u2019s ability to obtain lines of credit or permanent financing on satisfactory terms; changes in interest rates; access to capital through offerings of the Company\u2019s common and preferred shares of beneficial interest, or debt; the Company\u2019s ability to identify suitable acquisitions; the Company\u2019s ability to close on identified acquisitions and integrate those businesses; and inaccuracies of the Company\u2019s accounting estimates. Given these uncertainties, undue reliance should not be placed on such 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 \u201cRisk Factors,\u201d \u201cForward- Looking Statements,\u201d and \u201cManagement\u2019s Discussion and Analysis of Financial Condition and Results of Operations\u201d in the Company\u2019s Annual Report, as well as risks, uncertainties and other factors discussed in other documents filed by the Company with the Securities and Exchange Commission.<\/i><\/p>\n

For additional information or to receive press releases via email, please visit our website:
\n
http:\/\/www.rljlodgingtrust.com<\/a><\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210315005195\/en\/<\/a><\/span><\/p>\n

Sean M. Mahoney, Executive Vice President and Chief Financial Officer \u2013 (301) 280-7774<\/b><\/p>\n

KEYWORDS:<\/b> United States North America Maryland<\/p>\n

INDUSTRY KEYWORDS:<\/b> Other Construction & Property Commercial Building & Real Estate Lodging Construction & Property REIT Travel<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

RLJ Lodging Trust Announces Dividends for First Quarter of 2021 BETHESDA, Md.–(BUSINESS WIRE)– RLJ Lodging Trust (the \u201cCompany\u201d) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on April 15, 2021, to shareholders of record as of March 31, 2021. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company\u2019s Series A Preferred Shares. The dividend is payable on April 30, 2021, to shareholders of record as of March 31, 2021. 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. The Company’s … <\/p>\n

Continue reading “RLJ Lodging Trust Announces Dividends for First Quarter of 2021”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-457591","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRLJ Lodging Trust Announces Dividends for First Quarter of 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rlj-lodging-trust-announces-dividends-for-first-quarter-of-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"RLJ Lodging Trust Announces Dividends for First Quarter of 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RLJ Lodging Trust Announces Dividends for First Quarter of 2021 BETHESDA, Md.–(BUSINESS WIRE)– RLJ Lodging Trust (the \u201cCompany\u201d) (NYSE: RLJ) today announced that its Board of Trustees has declared a quarterly cash dividend of $0.01 per common share of beneficial interest. The dividend is payable on April 15, 2021, to shareholders of record as of March 31, 2021. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company\u2019s Series A Preferred Shares. The dividend is payable on April 30, 2021, to shareholders of record as of March 31, 2021. 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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