RLJ Lodging Trust Announces Tax Treatment of 2024 Dividends

BETHESDA, Md.--(BUSINESS WIRE)--January 30, 2025-- 

RLJ Lodging Trust (the "Company") (NYSE: RLJ) today announced the 2024 tax classification of the dividend distributions made to the Company's holders of its common shares of beneficial interest and Series A Preferred Shares during the year ended December 31, 2024.

The income tax classification as expected to be reported on Form 1099-DIV is as follows:

Common Stock (CUSIP # 74965L101):

 
                                           Total       Ordinary             Eligible 
                             Total      Distribution     Non-     Capital     Sec. 
  Record       Payment    Distribution  Allocable to  Qualifying   Gains      199A 
    Date        Date       Per Share        2024       Dividend   Dividend  Dividend 
-----------  -----------  ------------  ------------  ----------  --------  -------- 
 
 3/29/2024    4/15/2024     $0.1000       $0.1000      $0.0962    $0.0038   $0.0962 
 6/28/2024    7/15/2024     $0.1000       $0.1000      $0.0962    $0.0038   $0.0962 
 9/30/2024   10/15/2024     $0.1500       $0.1500      $0.1444    $0.0056   $0.1444 
12/31/2024    1/15/2025     $0.1500       $0.1500      $0.1444    $0.0056   $0.1444 
 
Total                       $0.5000       $0.5000      $0.4812    $0.0188   $0.4812 
 
 

Series A Preferred Stock (CUSIP # 74965L200):

 
                                           Total       Ordinary             Eligible 
                             Total      Distribution     Non-     Capital     Sec. 
  Record       Payment    Distribution  Allocable to  Qualifying   Gains      199A 
    Date        Date       Per Share        2024       Dividend   Dividend  Dividend 
-----------  -----------  ------------  ------------  ----------  --------  -------- 
 
 3/29/2024    4/30/2024     $0.4875       $0.4875      $0.4692    $0.0183   $0.4692 
 6/28/2024    7/31/2024     $0.4875       $0.4875      $0.4692    $0.0183   $0.4692 
 9/30/2024   10/31/2024     $0.4875       $0.4875      $0.4692    $0.0183   $0.4692 
12/31/2024    1/31/2025     $0.4875       $0.4875      $0.4692    $0.0183   $0.4692 
 
Total                       $1.9500       $1.9500      $1.8768    $0.0732   $1.8768 
 

The information presented above is based on preliminary results and is subject to correction or adjustment when the Company's filings are completed. The tax information provided should not be construed as tax advice. Shareholders are encouraged to consult with their tax advisors regarding their specific tax treatment.

About Us

RLJ Lodging Trust is a self-advised, publicly traded real estate investment trust that owns primarily premium-branded, high-margin, focused-service and compact full-service hotels.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20250130944484/en/

 
    CONTACT: 

Sean M. Mahoney, Executive Vice President and Chief Financial Officer -- (301) 280-7774

(END) Dow Jones Newswires

January 30, 2025 09:00 ET (14:00 GMT)