Business and Finance Business and Finance
Fri, September 14, 2012

RLJ Lodging Trust Announces Third Quarter 2012 Dividend


Published on 2012-09-14 06:39:13 - Market Wire
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BETHESDA, Md.--([ ])--RLJ Lodging Trust (the aCompanya) (NYSE: RLJ) today announced that its Board of Trustees declared a quarterly cash dividend of $0.165 per common share of beneficial interest, payable on October 15, 2012, to shareholders of record as of September 28, 2012.

Based on the Companyas common stock closing price of $18.98 on September 13, 2012, the annualized dividend represents a 3.5% yield.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust focused on acquiring premium-branded, focused-service and compact full-service hotels. The Companyas portfolio consists of 144 hotels in 20 states and the District of Columbia, with a total of more than 21,300 rooms. Additional information may be found on the Companyas website: [ http://rljlodgingtrust.com ]/.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts.In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as amay,a awill,a ashould,a aexpects,a aintends,a aplans,a aanticipates,a abelieves,a aestimates,a apredicts,a or apotentiala or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters.Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond the Companyas control, that may cause actual results to differ significantly from those expressed in any forward-looking statement, including statements related to, among other things, the Companyas target leverage ratio, potential acquisitions or dispositions, RevPAR growth, EBITDA growth, Hotel EBITDA margins or cash G&A expenses.All forward-looking statements reflect the Companyas good faith beliefs, assumptions and expectations, but they are not guarantees of future performance.Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors of new information, data or methods, future events or other changes.For a further discussion of these and other factors that could cause the Companyas future results to differ materially from any forward-looking statements, see the section entitled aRisk Factorsa in the Company's final prospectus relating to the Companyas initial public offering, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.

For additional information or to receive press releases via email, please visit our website:
[ http://rljlodgingtrust.com/ ]

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