Business News

Pebblebrook Lodge Belief Declares Dividends for First Quarter 2019

BETHESDA, Md.–()–Pebblebrook Lodge Belief (NYSE: PEB) (the “Company”) at this time introduced that
its Board of Trustees has approved, and the Firm has declared, a
quarterly money dividend of $0.38 per widespread share of helpful
curiosity, to be paid on April 15, 2019 to shareholders of file as of
March 29, 2019 (the “Record Date”). The widespread dividend represents an
annualized yield of roughly 4.7 % based mostly on the closing worth
of the Firm’s widespread shares on March 14, 2019.

The Board of Trustees additionally approved, and the Firm has declared,
common quarterly money dividends on the Firm’s most popular shares of
helpful curiosity as follows, every of which can be paid on April 15,
2019 to shareholders of file as of the Report Date:

  • $0.40625 per 6.50% Sequence C Cumulative Redeemable Most well-liked Share;
  • $0.39844 per 6.375% Sequence D Cumulative Redeemable Most well-liked Share;
  • $0.39844 per 6.375% Sequence E Cumulative Redeemable Most well-liked Share; and
  • $0.39375 per 6.30% Sequence F Cumulative Redeemable Most well-liked Share.

About Pebblebrook Lodge Belief

Pebblebrook Lodge Belief is a publicly traded actual property funding
belief (“REIT”) organized to opportunistically purchase and make investments
primarily in higher upscale, full-service resorts positioned in city markets
in main gateway cities. The Firm owns 61 resorts, totaling
roughly 14,600 visitor rooms, positioned in 10 states and the
District of Columbia, together with: Del Mar, California; Los Angeles,
California (Beverly Hills, Santa Monica and West Hollywood); San Diego,
California; San Francisco, California; Santa Cruz, California;
Washington, DC; Coral Gables, Florida; Key West, Florida; Naples,
Florida; Buckhead, Georgia; Chicago, Illinois; Boston, Massachusetts;
New York, New York; Portland, Oregon; Philadelphia, Pennsylvania;
Nashville, Tennessee; Columbia River Gorge, Washington; and Seattle,
Washington. For extra info, please go to us at www.pebblebrookhotels.com
and comply with us on Twitter at @PebblebrookPEB.

For additional details about the Firm’s enterprise and monetary
outcomes, please check with the “Administration’s Dialogue and Evaluation of
Monetary Situation and Outcomes of Operations” and “Risk Factors”
sections of the Firm’s SEC filings, together with, however not restricted to,
its Annual Report on Kind 10-Okay and Quarterly Stories on Kind 10-Q,
copies of which can be obtained on the Investor Relations part of the
Firm’s web site at
www.pebblebrookhotels.com.

This press launch comprises sure “forward-looking statements” made
pursuant to the secure harbor provisions of the Non-public Securities Reform
Act of 1995.
Ahead-looking statements are typically
identifiable by use of forward-looking terminology similar to “may,”
“will,” “should,” “potential,” “intend,” “expect,” “seek,” “anticipate,”
“estimate,” “approximately,” “believe,” “could,” “project,” “predict,”
“forecast,” “continue,” “assume,” “plan,” references to “outlook” or
different comparable phrases or expressions. Ahead-looking statements are based mostly
on sure assumptions and may embody future expectations, future plans
and methods, monetary and working projections and forecasts and
different forward-looking info and estimates.
Examples of
forward-looking statements embody the next: projections and
forecasts of U.S. GDP progress, U.S. lodge trade RevPAR progress, the
Firm’s internet earnings, FFO, EBITDA, Adjusted FFO, Adjusted EBITDAre,
RevPAR, EBITDA Margin and EBITDA Margin progress, and the Firm’s
bills, share depend or different monetary objects; descriptions of the
Firm’s plans or aims for future operations, acquisitions,
inclinations or providers; forecasts of the Firm’s future financial
efficiency and its share of future markets; forecasts of lodge trade
efficiency; and descriptions of assumptions underlying or referring to
any of the foregoing expectations together with assumptions relating to the
timing of their incidence.
These forward-looking statements are
topic to varied dangers and uncertainties, lots of that are past the
Firm’s management, which might trigger precise outcomes to vary materially
from such statements.
These dangers and uncertainties embody, however
usually are not restricted to, the state of the U.S. economic system and the availability of
lodge properties, and different elements as are described in better element
within the Firm’s filings with the Securities and Alternate Fee,
together with, with out limitation, the Firm’s Annual Report on Kind 10-Okay
for the 12 months ended December 31, 2018.
Except legally required,
the Firm disclaims any obligation to replace any forward-looking
statements, whether or not because of new info, future occasions or
in any other case.

For additional details about the Firm’s enterprise and monetary
outcomes, please check with the “Administration’s Dialogue and Evaluation of
Monetary Situation and Outcomes of Operations” and “Risk Factors”
sections of the Firm’s SEC filings, together with, however not restricted to,
its Annual Report on Kind 10-Okay and Quarterly Stories on Kind 10-Q,
copies of which can be obtained on the Investor Relations part of the
Firm’s web site at
www.pebblebrookhotels.com.

All info on this press launch is as of March 15, 2019. The
Firm undertakes no obligation to replace the statements on this press
launch to evolve the statements to precise outcomes or adjustments within the
Firm’s expectations.

For extra info or to obtain press releases by way of e-mail,
please go to our web site at

www.pebblebrookhotels.com

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