APLE dividend – Apple Hospitality REIT Announces Monthly Dividend of $0.08 per Share, Providing a Forward Yield of 5.81%
January 30, 2023
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APLE dividend – Apple ($NYSE:APLE) Hospitality REIT Inc. is a real estate investment trust that specializes in owning and investing in upscale, select-service hotels in the US. It is one of the largest lodging REITs in the US and is publicly traded on the New York Stock Exchange under the ticker symbol APLE. The company recently announced a payment of a $0.08 per share monthly dividend, which is in line with previous dividends. This dividend will provide a forward yield of 5.81%, payable on the 15th of January 2021 to shareholders of record on the 31st of January 2021, and with the ex-dividend date on the 30th of January 2021.
For more information about this dividend, please refer to the Apple Dividend Scorecard, Yield Chart, and Dividend Growth. The company has also been able to increase its revenues this year due to strong occupancy rates across its portfolio of hotels. The company’s stock price has also seen an increase since the dividend announcement, as investors are encouraged by the company’s long-term stability and dividend growth. This dividend payment is another way for investors to earn income while also gaining exposure to this growing sector. Apple Hospitality REIT Inc. is well-positioned to take advantage of the recovering lodging market, making it an attractive investment opportunity for long-term investors.
Dividends – APLE dividend
Apple Hospitality REIT has announced a monthly dividend of $0.08 per share, providing a forward yield of 5.81%. This dividend is in line with the REIT’s strategy of providing attractive and competitive dividend yields to its shareholders. For the last 3 years, Apple Hospitality REIT has issued an annual dividend per share of 0.45, 0.04, and 0.2 USD respectively. These dividends are based on the performance of the company and the funds available to pay dividends. The dividend yields from 2020 to 2022 are 2.31%, 0.26%, and 1.91%, respectively, giving an average dividend yield of 1.49%. The announcement of the new dividend will be welcome news to shareholders, as it provides a more attractive yield than that of the past three years.
The increased dividend yield is also beneficial for potential investors, as it provides them with an opportunity to achieve a higher return on their investments. The announcement of the monthly dividend demonstrates the company’s commitment to its shareholders and potential investors, and is a sign of the company’s confidence in its future prospects. Apple Hospitality REIT is dedicated to providing its shareholders and potential investors with attractive returns on their investments. The board of directors at Apple Hospitality REIT believe that the announcement of the monthly dividend will further strengthen the company’s position as a leader in the hospitality REIT industry, and will ensure that it remains an attractive investment option for investors in the long-term.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for APLE. More…
| Total Revenues | Net Income | Net Margin |
| 1.19k | 155.71 | – |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for APLE. More…
| Operations | Investing | Financing |
| 344.4 | -200.91 | -152.97 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for APLE. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.78k | 1.52k | 14.22 |
Key Ratios Snapshot
Some of the financial key ratios for APLE are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | 18.1% |
| FCF Margin | ROE | ROA |
| – | – | – |
Market Price
The stock opened at $16.6 and closed at $16.9, representing a 2.4% increase from the previous closing price of $16.5. The REIT invests in premium-branded, upscale hotels that are franchised by well-known hotel brands, such as Marriott, Hilton, and Hyatt. The dividend announcement is good news for investors as it provides them with a steady stream of income from their holdings and provides a strong incentive to invest in the company’s stock. The dividend also serves to reinforce the company’s commitment to providing long-term value to its shareholders.
The stock’s performance on Friday further demonstrates investors’ confidence in Apple Hospitality REIT’s ability to produce returns for its shareholders. With its attractive dividend and a forward yield of 5.81%, the company is an attractive option for investors seeking an income-producing asset with potential for capital appreciation. Live Quote…
VI Analysis
This score is based on fundamental analysis of the company’s financial and business performance. The app has identified one risk warning in its balance sheet and users can easily access this information by registering. The fundamentals of a company are good indicators of its long-term potential. Good fundamentals are essential for predicting the stock’s performance and the stability of the company. VI App makes it easy to analyze a company’s fundamentals and evaluate its risk level. It provides a comprehensive assessment of a company’s financial and business performance, helping investors understand the company’s potential. VI App also helps investors identify potential risks in their portfolios. By registering with the app, users can get access to detailed risk warnings and make more informed decisions. It allows investors to assess the financial health of a company and make sure that their investments are safe. The VI Risk Rating takes into account the company’s fundamentals, helping investors make more informed decisions. With its comprehensive analysis and risk warnings, VI App is a great tool for investors looking to evaluate their investments and make sure that they are safe. More…
VI Peers
The company’s competitors include Sunstone Hotel Investors Inc, Braemar Hotels & Resorts Inc, and CDL Hospitality Trusts.
– Sunstone Hotel Investors Inc ($NYSE:SHO)
Stone Hotel Investors Inc is a real estate investment trust that invests in hotel properties. The company’s portfolio includes properties in the United States, Canada, and Europe. As of 2022, Stone Hotel Investors Inc had a market cap of 2.28 billion. The company’s primary business is owning and operating hotel properties.
– Braemar Hotels & Resorts Inc ($NYSE:BHR)
Braemar Hotels & Resorts Inc. is a publicly traded real estate investment trust that owns and operates upscale full-service hotels and resorts, primarily in the United States. The company was founded in 1993 and is headquartered in Dallas, Texas. As of December 31, 2020, Braemar’s portfolio consisted of 36 hotels and resorts with a total of 11,917 guest rooms.
– CDL Hospitality Trusts ($SGX:J85)
CDL Hospitality Trusts is a hospitality real estate investment trust that owns a portfolio of hotels and resorts in Asia Pacific. The company’s market cap is $1.41 billion as of 2022. CDL Hospitality Trusts is headquartered in Singapore.
Summary
Apple Hospitality REIT is a real estate investment trust (REIT) that owns and operates one of the largest portfolios of upscale, select-service hotels in the United States. It recently announced that it will pay a monthly dividend of $0.08 per share, providing a forward yield of 5.81%. The REIT has a strong balance sheet, with low debt and strong liquidity, making it an attractive option for investors looking for income.
The REIT’s portfolio is well diversified and geographically concentrated in key markets, providing investors with exposure to a variety of markets. The REIT has also shown consistent dividend growth over the past few years, which further makes it an attractive investment for income-seeking investors.
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