Apple Hospitality REIT Announces Regular Monthly Cash Distribution
Apple Hospitality REIT, Inc. recently declared a regular monthly cash distribution of $0.08 per common share. This distribution is payable on June 16, 2025, to shareholders of record as of May 30, 2025. The annualized distribution of $0.96 per common share represents an annual yield of approximately 8.0%, based on the Company's common stock closing price of $12.05 on May 19, 2025. With a portfolio of 220 hotels, Apple Hospitality REIT is one of the largest and most diverse owners of upscale, rooms-focused hotels in the United States.
Key Takeaways:
- Apple Hospitality REIT declared a regular monthly cash distribution of $0.08 per common share, payable on June 16, 2025, to shareholders of record as of May 30, 2025.
- The annualized distribution represents an annual yield of approximately 8.0%, based on the Company's common stock closing price of $12.05 on May 19, 2025.
- Apple Hospitality REIT owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States, consisting of 220 hotels with approximately 29,800 guest rooms located in 85 markets throughout 37 states and the District of Columbia.
- The Company's hotel portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.
- Apple Hospitality REIT has a diverse portfolio with industry-leading brands, including Marriott, Hilton, and Hyatt.
- The Company reported a total of 220 hotels in its portfolio as of the latest update.
Statistics:
- The regular monthly cash distribution declared by Apple Hospitality REIT is $0.08 per common share.
- The distribution is payable on June 16, 2025, to shareholders of record as of May 30, 2025.
- The annualized distribution represents an annual yield of approximately 8.0%, based on the Company's common stock closing price of $12.05 on May 19, 2025.
- Apple Hospitality REIT owns a total of 220 hotels, with approximately 29,800 guest rooms located in 85 markets throughout 37 states and the District of Columbia.
- The Company's hotel portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels, and one independent hotel.
Sources:
- Apple Hospitality REIT, Inc. (NYSE: APLE)
- Company's press release announcing regular monthly cash distribution (Source: Business Wire, https://www.businesswire.com/news/home/20250519902841/en/)