RLJ Stock To Go Ex-dividend Tomorrow (RLJ) - TheStreet

NEW YORK (

TheStreet

) -- The ex-dividend date for

RLJ Lodging

(NYSE:

RLJ

) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 17 cents per share. At a price of $17.47 as of 9:30 a.m. ET, the dividend yield is 3.8%.

The average volume for RLJ has been 406,900 shares per day over the past 30 days. RLJ has a market cap of $1.84 billion and is part of the

financial

sector and

real estate

industry. Shares are up 3.7% year to date as of the close of trading on Monday.

RLJ Lodging Trust is an independent equity real estate investment trust. The firm also manages real estate funds. It invests in the real estate markets of the United States. The firm primarily invests in premium-branded, focused service, and compact full-service hotels.

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TheStreet Ratings rates RLJ as a

hold

. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins. You can view the full

RLJ Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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