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RLJ Lodging Trust Announces Tax Treatment of 2024 Dividends

1. RLJ announced 2024 dividend classifications for common and preferred shares. 2. Total distribution for common shares is $0.5000; preferred shares is $1.9500. 3. Dividends primarily composed of ordinary non-qualifying dividends and capital gains.

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Why Bullish?

The announcement of dividends can support share price stability. Increased distributions could attract more investors, as seen in similar announcements by other REITs.

How important is it?

Dividend classifications directly impact investors' perception and taxation, influencing stock performance.

Why Short Term?

Immediate attention from shareholders on dividend tax classifications. Historical trends show short-term stock price responsiveness to dividend announcements.

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RLJREIT
BETHESDA, Md.--(BUSINESS WIRE)--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): RecordDate Payment Date Total DistributionPer Share Total DistributionAllocable to 2024 Ordinary Non-QualifyingDividend Capital GainsDividend EligibleSec. 199ADividend   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): RecordDate Payment Date Total DistributionPer Share Total DistributionAllocable to 2024 Ordinary Non-QualifyingDividend Capital GainsDividend EligibleSec. 199ADividend   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

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