Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Apple Hospitality REIT Announces March 2019 Distribution

Posted by fidest press agency su sabato, 23 febbraio 2019

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 $0.10 per common share for the month of March 2019. The distribution is payable on March 18, 2019, to shareholders of record as of March 5, 2019.Based on the Company’s common stock closing price of $16.70 on February 20, 2019, the annualized distribution of $1.20 per common share represents an annual yield of approximately 7.2 percent.
Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust (REIT) that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality’s portfolio consists of 241 hotels with more than 30,800 guest rooms located in 88 markets throughout 34 states. Franchised with industry-leading brands, the Company’s portfolio comprises 114 Marriott-branded hotels, 126 Hilton-branded hotels and one Hyatt-branded hotel. For more information, please visit http://www.applehospitalityreit.com.

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