RLJ Lodging Trust Announces Dividend for Second Quarter 2013
Friday June 14th, 2013 - 11:34AM X
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BETHESDA, MD—The Board of Trustees of RLJ Lodging Trust declared a quarterly cash dividend of $0.205 per common share of beneficial interest.
The dividend is payable on July 15, 2013, to shareholders of record as of June 28, 2013.
Based on RLJ Lodging Trust’s common stock closing price of $23.58 on June 13, 2013, the annualized dividend represents a 3.5% yield.
Tags: • Hospitality • Quarterly Results •
When you hear all the lodging industry projections for the months and years to come, much of the robust growth is forecast to be the result of the expected influx of travelers from China. In what could only be seen as good news for the industry, that expectation moved a little closer to reality when President Obama signed a visa waiver extension for Chinese travelers earlier this month.