Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Apple Hospitality REIT Announces September 2019 Distribution

Posted by fidest press agency su domenica, 25 agosto 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 September 2019. The distribution is payable on September 16, 2019, to shareholders of record as of September 3, 2019.Based on the Company’s common stock closing price of $15.72 on August 20, 2019, the annualized distribution of $1.20 per common share represents an annual yield of approximately 7.6 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 234 hotels with more than 30,000 guest rooms located in 87 markets throughout 34 states. Franchised with industry-leading brands, the Company’s portfolio comprises 108 Marriott-branded hotels, 125 Hilton-branded hotels and one Hyatt-branded hotel. For more information, please visit http://www.applehospitalityreit.com.

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