Premium hotel REIT RLJ Lodging Trustannounced today its third-quarter dividend of $0.205 per share, the same rate it's paid for the past three quarters after raising the payout 24%, from $0.165 per share.
The board of directors said the quarterly dividend is payable on Oct. 15 to the holders of record at the close of business on Sept. 30. The regular dividend payment equates to a $0.82-per-share annual dividend, yielding 3.4% based on the closing price today of RLJ Lodging Trust's stock.
The article RLJ Lodging Keeps Dividend Steady originally appeared on Fool.com.
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