Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.2% Yield
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Apple Hospitality REIT, Inc. Announces December 2015 Distribution
November 20, 2015 9:15 AM ESTRICHMOND, 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 December 2015. The distribution is payable on December 15, 2015, to shareholders of record as of November 30, 2015.
Based on the Companys common stock closing price of $19.51 on November 19, 2015, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.2%.
About Apple Hospitality REIT, Inc.
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