RLJ Lodging Trust's last quarterly dividend payment of $0.1 per share was made to shareholders on record before Sep 28, 2023. The dividend payment stands at $0.31 per share annually, which equates to a dividend yield of 3.17%. The latest RLJ stock dividend of $0.1 is an increase from the previous $0.08 distribution, representing a growth of 25%.
RLJ Lodging Trust's dividend yield of 3.17% is higher than its peers average but lower than the Real Estate sector and the industry average. If we compare it with the Real Estate sector average of 7%, RLJ Lodging Trust's dividend yield is 55% lower. The current dividend yield is less than the historical average of 3.7% of the last 5 years.
RLJ Lodging Trust has been paying dividends for the last 12 years. According to our records RLJ has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 288% since one year ago. And with the stock price down by 2.3% from a year ago, the dividend yield marks an increase of 297%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Sep 28, 2023 | Oct 16, 2023 | Aug 3, 2023 | $0.1 | normal |
| Jun 29, 2023 | Jul 17, 2023 | Jun 15, 2023 | $0.08 | normal |
| Mar 30, 2023 | Apr 17, 2023 | Feb 27, 2023 | $0.08 | normal |
| Dec 29, 2022 | Jan 17, 2023 | Dec 15, 2022 | $0.05 | normal |
| Sep 29, 2022 | Oct 17, 2022 | Aug 4, 2022 | $0.05 | normal |
| Jun 29, 2022 | Jul 15, 2022 | Jun 15, 2022 | $0.01 | normal |
| Mar 30, 2022 | Apr 15, 2022 | Mar 15, 2022 | $0.01 | normal |
| Dec 30, 2021 | Jan 18, 2022 | Dec 15, 2021 | $0.01 | normal |
| Sep 29, 2021 | Oct 15, 2021 | Sep 15, 2021 | $0.01 | normal |
| Jun 29, 2021 | Jul 15, 2021 | Jun 15, 2021 | $0.01 | normal |
| Mar 30, 2021 | Apr 15, 2021 | Mar 15, 2021 | $0.01 | normal |
| Dec 30, 2020 | Jan 15, 2021 | Dec 15, 2020 | $0.01 | normal |
| Sep 29, 2020 | Oct 15, 2020 | Sep 15, 2020 | $0.01 | normal |
| Jun 29, 2020 | Jul 15, 2020 | Jun 15, 2020 | $0.01 | normal |
| Mar 30, 2020 | Apr 15, 2020 | Mar 18, 2020 | $0.01 | normal |
| Dec 30, 2019 | Jan 15, 2020 | Dec 13, 2019 | $0.33 | normal |
| Sep 27, 2019 | Oct 15, 2019 | Sep 13, 2019 | $0.33 | normal |
| Jun 27, 2019 | Jul 15, 2019 | Jun 14, 2019 | $0.33 | normal |
| Mar 28, 2019 | Apr 15, 2019 | Mar 15, 2019 | $0.33 | normal |
| Dec 28, 2018 | Jan 15, 2019 | Dec 14, 2018 | $0.33 | normal |
| Sep 27, 2018 | Oct 15, 2018 | Sep 14, 2018 | $0.33 | normal |
| Jun 28, 2018 | Jul 13, 2018 | Jun 15, 2018 | $0.33 | normal |
| Mar 28, 2018 | Apr 13, 2018 | Mar 16, 2018 | $0.33 | normal |
| Dec 28, 2017 | Jan 12, 2018 | Dec 15, 2017 | $0.33 | normal |
| Sep 28, 2017 | Oct 13, 2017 | Aug 17, 2017 | $0.11 | special |
| Aug 28, 2017 | Sep 15, 2017 | Aug 17, 2017 | $0.22 | normal |
| Jun 28, 2017 | Jul 14, 2017 | Jun 15, 2017 | $0.33 | normal |
| Mar 29, 2017 | Apr 14, 2017 | Mar 15, 2017 | $0.33 | normal |
| Dec 28, 2016 | Jan 13, 2017 | Dec 16, 2016 | $0.33 | normal |
| Sep 28, 2016 | Oct 14, 2016 | Sep 15, 2016 | $0.33 | normal |
| Jun 28, 2016 | Jul 15, 2016 | Jun 15, 2016 | $0.33 | normal |
| Mar 29, 2016 | Apr 15, 2016 | Mar 15, 2016 | $0.33 | normal |
RLJ Lodging Trust's payout ratio of 96.9% is above the industry average but below the Real Estate sector average. If we compare it with its Real Estate sector average of 128.6%, RLJ Lodging Trust's payout ratio is 25% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RLJ RLJ Lodging Trust | 3.17% | $0.31 | 96.9% |
| PEB Pebblebrook Hotel Trust | 0.29% | $0.04 | N/A |
Yes, RLJ Lodging Trust has paid four dividends in the last 12 months. RLJ has been paying dividends since 2011.
Currently RLJ's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2023.
RLJ Lodging Trust's last dividend ex-date was on Sep 28, 2023. The dividend amount was $0.1 per share.
On an annual basis RLJ pays $0.31 per share.
RLJ Lodging Trust's current dividend yield is 3.17%.
RLJ Lodging Trust pays four dividends per year.
RLJ Lodging Trust's dividend payout ratio is 96.9%.
RLJ Lodging Trust's dividend yield is less than the Real Estate sector average.