APLE dividend yield calculator – Apple Hospitality REIT Inc Declares 0.08 Cash Dividend

Dividends Yield

On March 21 2023, Apple ($NYSE:APLE) Hospitality REIT Inc declared a 0.08 USD cash dividend per share. This dividend payment marks the third consecutive year that the company has issued an annual dividend per share of 0.68 USD. With an impressive dividend yield of 4.08% from 2020 to 2022, it is no wonder that investors are being attracted to this stock. For those who are looking for a reliable dividend investment, adding Apple Hospitality REIT to your list of considerations is a wise decision.

Its average dividend yield is of 4.08%, which is significantly higher than the industry average. Also, the ex-dividend date for this stock has been set for March 30, 2023, so any investors interested in receiving the dividend should purchase their shares before this date. The company’s consistently high dividend yield and long record of annual payments make it an attractive option for dividend investors.

Stock Price

The stock opened at $15.3, but closed at $15.0, a decrease of 0.6% from its previous closing price of 15.1. This dividend comes as a result of the company’s strong performance in the past quarter, and is a sign of their continued dedication to supporting shareholders. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for APLE. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for APLE. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for APLE. More…

Key Ratios Snapshot

Some of the financial key ratios for APLE are shown below. More…

Analysis – APLE Intrinsic Stock Value

At GoodWhale, we have taken a closer look at the financials of APPLE HOSPITALITY REIT. After our analysis, we have calculated the intrinsic value of APPLE HOSPITALITY REIT share to be around $31.0, using our proprietary Valuation Line. This indicates that the current market price of APPLE HOSPITALITY REIT, trading at $15.0, is undervalued by 51.6%. This could be an opportunity for investors to purchase the stock at an attractive price. More…

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 strong investment opportunity due to the consistent annual dividend of 0.68 USD per share over the past three years and an average dividend yield of 4.08%. The dividend yield is a good indicator of the potential return on investment and provides investors with a steady income stream. Moreover, APPLE HOSPITALITY REIT has a strong balance sheet and has been able to maintain a high degree of leverage over the years, making it an attractive option for income investors. With the potential to generate steady returns, the REIT is a good long-term investment choice.