Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.5% Yield

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Go back to Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.5% Yield

Apple Hospitality REIT, Inc. Announces July 2016 Distribution

June 21, 2016 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 July 2016. The distribution is payable on July 18, 2016, to shareholders of record as of July 1, 2016.

Based on the Companys common stock closing price of $18.56 on June 20, 2016, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.5%.

About Apple Hospitality REIT, Inc.

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