RLJ Lodging Trust Announces Tax Treatment of 2022 Dividends

January 30, 2023
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BETHESDA, Md.--(BUSINESS WIRE)--Jan. 30, 2023-- RLJ Lodging Trust (the “Company”) (NYSE: RLJ) today announced the 2022 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, 2022.

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

Common Stock (CUSIP # 74965L101):

 

Record
Date

Payment
Date

Total
Distribution
Per Share

Total
Distribution
Allocable to
2022

Ordinary
Non-
Qualifying
Dividend

Return of
Capital

Eligible
Sec.
199A
Dividend

 

 

 

 

 

 

 

12/31/2021

1/18/2022

$

0.0100

$

0.0100

$

0.0072

 

$

0.0028

 

$

0.0072

3/31/2022

4/15/2022

$

0.0100

$

0.0100

$

0.0072

 

$

0.0028

 

$

0.0072

6/30/2022

7/15/2022

$

0.0100

$

0.0100

$

0.0072

 

$

0.0028

 

$

0.0072

9/30/2022

10/17/2022

$

0.0500

$

0.0500

$

0.0359

 

$

0.0141

 

$

0.0359

 

 

 

 

 

 

 

Total

$

0.0800

$

0.0800

$

0.0575

 

$

0.0225

 

$

0.0575

Percent

 

 

 

72

%

 

28

%

 

 

 

Series A Preferred Stock (CUSIP # 74965L200):

 

Record Date

Payment Date

Total
Distribution Per
Share

Total Distribution
Allocable to 2022

Ordinary Non-
Qualifying
Dividend

Eligible
Sec.199A
Dividend

 

 

 

 

 

 

12/31/2021

1/31/2022

$

0.4875

$

0.4875

$

0.4875

 

$

0.4875

3/31/2022

4/29/2022

$

0.4875

$

0.4875

$

0.4875

 

$

0.4875

6/30/2022

7/29/2022

$

0.4875

$

0.4875

$

0.4875

 

$

0.4875

9/30/2022

10/31/2022

$

0.4875

$

0.4875

$

0.4875

 

$

0.4875

 

 

Total

 

$

1.9500

$

1.9500

$

1.9500

 

$

1.9500

Percent

 

 

100

%

 

 
 

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.

Sean M. Mahoney, Executive Vice President and Chief Financial Officer – (301) 280-7774
For additional information or to receive press releases via email, please visit our website:
http://www.rljlodgingtrust.com

Source: RLJ Lodging Trust