Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.7% Yield
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Apple Hospitality REIT, Inc. Announces September 2015 Distribution
August 20, 2015 9:01 AM EDTRICHMOND, Va.--(BUSINESS WIRE)-- Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality), today announced that its Board of Directors declared a regular monthly cash distribution of $0.10 per common share for the month of September 2015. The distribution is payable on September 15, 2015, to shareholders of record as of August 31, 2015.
Based on the Companys common stock closing price of $17.92 on August 19, 2015, the annualized distribution of $1.20 per common share represents an annual 6.7% yield.
About Apple Hospitality REIT, Inc.
Apple Hospitality REIT, Inc. (NYSE:... More
