RLJ Lodging Trust Stock News

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today reported results for the three months and year ended December 31, 2024. Fourth Quarter Highlights Portfolio Comparable RevPAR of $137.53, an increase of 2.2% over the prior year Total Revenues of $330.0 million, an increase of 3.2% over the prior year Net loss attributable to common shareholders of $0.9 million ...

Investing higher up in the capital structure of companies has its perks. Cumulative preferreds have demonstrated income resilience through serious headwinds and existential threats faced by issuers. We discuss our top preferred picks with well-covered dividends.

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2024 tax classification of the dividend distributions made to the Company's holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2024. The income tax classification as expected to be reported on Form 1099-DIV is as follows: Common Stoc...

The REIT sector took a beating in December with an average total return of -6.85% but still finished in the black for full year 2024 (+3.70%). Small cap (-5.98%) and mid cap REITs (-6.62%) outperformed large caps (-7.43%) and micro caps (-8.63%) in December. Only 9.68% of REIT securities had a positive total return in December. 55.63% had a positive total return for all of 2024.

When it comes to earning investment income, one of the most relevant investment vehicles is Real Estate Investment Trusts (REITs). REITs must distribute at least 90% of their taxable earnings out as dividends.

BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced it will report financial results for the fourth quarter and full year ended December 31, 2024, after the markets close on February 25, 2025. The Company will also host a conference call on February 26, 2025 at 10:00 a.m. (Eastern Time). The Company recommends that you dial in approximately 10 minutes b...

RLJ Lodging Trust's preferred shares offer a 7.8% yield and are unlikely to be called due to the common stock trading below $10. The REIT's financials are strong, with AFFO covering preferred dividends by a wide margin, ensuring a safety cushion for investors. With $2B in common equity ranking junior to preferred shares, there's a significant buffer against potential losses.

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 $0.15 per common share of beneficial interest. The dividend is payable on January 15, 2025, to shareholders of record as of December 31, 2024. The Board of Trustees also declared a quarterly cash dividend of $0.4875 on the Company's S...