Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.2% Yield
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Apple Hospitality REIT, Inc. Announces May 2016 Distribution
April 21, 2016 9:02 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 May 2016. The distribution is payable on May 16, 2016, to shareholders of record as of May 2, 2016.
Based on the Companys common stock closing price of $19.22 on April 20, 2016, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.2%.
About Apple Hospitality REIT, Inc.
Apple Hospitality REIT, Inc. (NYSE:... More
