RLJ Lodging Trust ( RLJ ) has announced an ex-dividend date of December 27, 2012 and a cash dividend payment of $0.205 per share scheduled for January 15, 2013. Shareholders who purchased RLJ stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 24.24% increase over the prior quarter. At the current stock price of $19.04, the dividend yield is 4.31%.
The previous trading day's last sale of RLJ was $19.04, representing a -3.59% decrease from the 52 week high of $19.75 and a 15.53% increase over the 52 week low of $16.48.
RLJ is a part of the Consumer Services sector, which includes companies such as Simon Property Group, Inc. ( SPG ) and American Tower Corporation (REIT) ( AMT ). RLJ's current earnings per share, an indicator of a company's profitability, is $.25. Zacks Investment Research reports RLJ's forecasted earnings growth in 2012 as 15.29%, compared to an industry average of 3.4%.
For more information on the declaration, record and payment dates, visit the RLJ Dividend History page.