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Stock Market & Financial Investment News

News Breaks
December 14, 2012
09:16 EDTRLJRLJ Lodging Trust increases Q4 dividend to 20.5c per share
The dividend is payable on January 15, 2013, to shareholders of record as of December 31, 2012. The company’s 20.5c cash dividend represents an increase of 4c, or approximately 24%, over the prior quarter’s 16.5c cash dividend. Including the company’s fourth quarter dividend, the Company will have declared an aggregate cash dividend of 70c for 2012. Based on the company’s common stock closing price of $18.75 on December 13, 2012, the annualized dividend represents a 3.7% yield.
News For RLJ From The Last 14 Days
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December 18, 2014
07:13 EDTRLJRLJ Lodging Trust downgraded at KeyBanc
As previously reported, KeyBanc downgraded RLJ Lodging to Hold from Buy. The firm said the company is heavily exposed to markets with above-average supply additions, which is likely to limit RevPAR growth.
06:44 EDTRLJRLJ Lodging Trust downgraded to Hold from Buy at KeyBanc

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