Sign in Subscribe
Real estate industry

Apple Hospitality REIT Announces Regular Monthly Cash Distribution

Strategic Insights

— 1 min read

Apple Hospitality REIT, Inc. today announced that its Board of Directors declared a regular monthly cash distribution of $0.08 per common share, payable on May 15, 2025, to shareholders of record as of April 30, 2025. The annualized distribution of $0.96 per common share represents an annual yield of approximately 8.3%, based on the Company's common stock closing price of $11.52 on April 16, 2025. Apple Hospitality's portfolio consists of 220 hotels with approximately 29,800 guest rooms located in 85 markets throughout 37 states and the District of Columbia.

Key Takeaways:

  • Apple Hospitality REIT declared a regular monthly cash distribution of $0.08 per common share, payable on May 15, 2025, to shareholders of record as of April 30, 2025.
  • The distribution represents an annual yield of approximately 8.3%, based on the Company's common stock closing price of $11.52 on April 16, 2025.
  • Apple Hospitality's portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.
  • The Company owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States.
  • The annualized distribution of $0.96 per common share is made possible by the Company's ability to acquire and dispose of properties and redeploy proceeds.

Statistics:

  • The distribution represents an annual yield of approximately 8.3%.
  • Apple Hospitality's portfolio consists of 220 hotels with approximately 29,800 guest rooms.
  • The Company's hotel portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.

Sources:

  • BusinessWire: Apple Hospitality REIT Announces Regular Monthly Cash Distribution (https://www.businesswire.com/news/home/20250416557324/en/)

Read more