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25 March
Ex-Dividend Reminder: RLJ Lodging Trust, Four Corners Property Trust and Ready Capital

Looking at the universe of stocks we cover at Dividend Channel, on 3/27/24, RLJ Lodging Trust (Symbol: RLJ), Four Corners Property Trust Inc (Symbol: FCPT), and Ready Capital Corp (Symbol: RC) will all trade ex-dividend for their respective upcoming dividends. RLJ Lodging Trust will pay its quarterly dividend of $0.10 on 4/15/24, Four Corners Property Trust Inc will pay its quarterly dividend of $0.345 on 4/15/24, and Ready Capital Corp will pay its quarterly dividend of $0.30 on 4/30/24. As a percentage of RLJ's recent stock price of $11.81, this dividend works out to approximately 0.85%, so look for shares of RLJ Lodging Trust to trade 0.85% lower — all else being equal — when RLJ shares open for trading on 3/27/24. Similarly, investors should look for FCPT to open 1.43% lower in price and for RC to open 3.30% lower, all else being equal.

Below are dividend history charts for RLJ, FCPT, and RC, showing historical dividends prior to the most recent ones declared.

RLJ Lodging Trust (Symbol: RLJ):

RLJ+Dividend+History+Chart

Four Corners Property Trust Inc (Symbol: FCPT):

FCPT+Dividend+History+Chart

Ready Capital Corp (Symbol: RC):

RC+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 3.39% for RLJ Lodging Trust, 5.72% for Four Corners Property Trust Inc, and 13.22% for Ready Capital Corp.

Free Report: Top 8%+ Dividends (paid monthly)

In Monday trading, RLJ Lodging Trust shares are currently down about 1.9%, Four Corners Property Trust Inc shares are off about 1.6%, and Ready Capital Corp shares are off about 1.1% on the day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.