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RLJ-P-A

RLJ Lodging Trust · Series A · REIT - Diversified
Also quoted as: RLJ-A, RLJprA, RLJ.PRA, RLJ-PA, RLJpA
$25.07
last price

About this security

RLJ-P-A is a 7.8% cumulative convertible perpetual preferred stock issued by RLJ Lodging Trust, a REIT - Diversified issuer. $25 liquidation preference, current yield 7.78%.

RLJ Lodging Trust: Our Company We are a self-advised and self-administered Maryland real estate investment trust that owns primarily premium-branded, rooms-oriented, high-margin, focused-service and compact full-service hotels located within heart of demand locations. We are one of the largest U.S. publicly-traded lodging REITs in terms of both number of hotels and number of rooms. Our hotels are concentrated in markets that we believe exhibit multiple demand generators and attractive long-term growth prospects. We believe premium-branded, focused-service and compact full-service hotels with these characteristics generate high levels of RevPAR, strong operating margins and attractive returns. As of December 31, 2025, we owned 93 hotel properties with approximately 20,800 rooms, located in 23 states and the District of Columbia. We owned, through wholly-owned subsidiaries, a 100% interest in 91 of our hotel properties, a 95% controlling interest in one hotel property, and a 50% non-controlling interest in an entity owning one hotel property. We consolidate our real estate interests in the 92 hotel properties in which we hold a controlling financial interest, and we record the real estate interest in the one hotel property in which we hold an indirect 50% non-controlling interest using the equity method of accounting. We lease 92 of the 93 hotel properties to our TRSs, of which we own a controlling financial interest. We elect to be taxed as a real estate investment trust for U.S. federal income tax purposes (a "REIT").

Issuer page — all RLJ Lodging Trust securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 05:27:36 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
7.78%
Annual Dividend
$1.9500
Recent Market Price
$25.07
as of 2026-06-16
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-03-31
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
7.800%
Call Date
redeemable (date n/a)
Yield to Call
n/a — callable, date n/a
Yield to Worst
n/a — convertible preferred
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
Yes
Conversion Price
$32.25
Conversion Ratio
0.7752
Issued
2017-07-18
Series
A
Alt. Symbology
RLJ-A, RLJprA, RLJ.PRA, RLJ-PA, RLJpA

vs. REIT - Diversified category (121 issues): yield 7.78% vs avg 8.14% · discount +0.3% vs avg -13.9%

Quote

 RLJ-P-A (preferred)RLJ (common)
Last $25.07 $11.02
Change
Open$25.10$11.08
High / Low $25.16 / $25.02 $11.16 / $10.99
Prev Close
Volume26,0631,839,254
52-Week High / Low $26.22 / $23.57 $11.16 / $6.54

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

RLJ-P-A RLJ (common)

Dividend History

Ex-DateAmount / Share
2026-03-31$0.487500
2025-12-31$0.487500
2025-09-30$0.487500
2025-06-30$0.487500
2025-03-31$0.487500
2024-12-31$0.487500
2024-09-30$0.487500
2024-06-28$0.487500
2024-03-27$0.487500
2023-12-28$0.487500
2023-09-28$0.487500
2023-06-29$0.487500

Performance — $10K Calculator

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Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

News — RLJ Lodging Trust

Issuer news via Tiingo, tagged to RLJ.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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