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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 $0.08 per common share and a special cash distribution of $0.05 per common share. The combined distribution of $0.13 per common share is payable on January 16, 2024, to shareholders of record as of December 29, 2023.
Based on the Company's common stock closing price of $16.99 on December 18, 2023, the annualized regular monthly cash distribution of $0.96 per common share represents an annual yield of approximately 5.7%.
Posted In: APLE
