RLJ-P-A: RLJ Lodging Trust 7.8% Series A Preferred Stock
RLJ Lodging Trust's RLJ-P-A is an exchange-traded preferred stock in the REIT - Diversified sector.
At a recent price of $25.29, RLJ-P-A yields 7.71% on its $25 liquidation preference and 7.8% coupon.
It trades at a premium of 1.2% to par.
The issue is cumulative, perpetual (no stated maturity), convertible.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.