RLJ Lodging Trust Declares Dividends for First Quarter of 2020
RLJ Lodging Trust Common Shares of Beneficial Interest $0.01 par value (RLJ)
Last rlj lodging trust common shares of beneficial interest $0.01 par value earnings: 2/25 04:30 pm
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US:NYSE Investor Relations:
investor.rljlodgingtrust.com
Company Research
Source: Business Wire
BETHESDA, Md.--(BUSINESS WIRE)--RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced that due to the unprecedented uncertainty created by the rapidly evolving impact of COVID-19 on the travel industry, lodging demand and the broader U.S. economy, the Company’s Board of Trustees has decided to reduce the Company’s regular quarterly dividend for the first quarter. The Company’s Board of Trustees authorized and declared a quarterly cash dividend of $0.01 per common share of beneficial interest for the first quarter. The dividend is payable on April 15, 2020 to shareholders of record as of March 31, 2020.“In light of the uncertain environment that we are operating in, preserving liquidity and maintaining a flexible balance sheet are our top priorities,” commented Leslie D. Hale, President and Chief Executive Officer. “We have a solid balance sheet and no near term debt maturities, which should help us navigate these uncertain times.”The Board of Trustees also authorized and d
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RLJ
Sec Filings
- 4/1/24 - Form 4
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- 4/1/24 - Form 4
- RLJ's page on the SEC website