Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.2% Yield

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Go back to Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.2% Yield

Apple Hospitality REIT, Inc. Announces November 2015 Distribution

October 20, 2015 9:02 AM EDT

RICHMOND, 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 November 2015. The distribution is payable on November 16, 2015, to shareholders of record as of October 30, 2015.

Based on the Companys common stock closing price of $19.38 on October 19, 2015, the annualized distribution of $1.20 per common share represents an annual 6.2% yield.

About Apple Hospitality REIT, Inc.

Apple Hospitality REIT, Inc. (NYSE:... More