Apple Hospitality REIT (APLE) Declares $0.10 Quarterly Dividend; 2% Yield

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Go back to Apple Hospitality REIT (APLE) Declares $0.10 Quarterly Dividend; 2% Yield

Apple Hospitality REIT, Inc. Announces January 2017 Distribution

December 20, 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 January 2017. The distribution is payable on January 17, 2017 to shareholders of record as of January 3, 2017.

Based on the Companys common stock closing price of $19.70 on December 19, 2016, the annualized distribution of $1.20 per common share represents an annual yield of approximately 6.1%.

About Apple Hospitality REIT, Inc.

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