Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.7% Yield

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Go back to Apple Hospitality REIT (APLE) Declares $0.10 Monthly Dividend; 6.7% Yield

Apple Hospitality REIT, Inc. Announces December 2016 Distribution

November 21, 2016 9:00 AM EST

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 December 2016. The distribution is payable on December 15, 2016 to shareholders of record as of December 2, 2016.

Based on the Companys common stock closing price of $17.79 on November 18, 2016, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.7%.

About Apple Hospitality REIT, Inc.

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