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Apple Hospitality REIT Announces Monthly Distribution

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Apple Hospitality REIT, Inc. (NYSE: APLE) has announced a regular monthly cash distribution of $0.08 per common share, payable on October 15, 2024, to shareholders of record as of September 30, 2024. Based on the company's closing stock price of $14.46 on September 18, 2024, this annualized distribution of $0.96 per common share represents an annual yield of approximately 6.6%.

Apple Hospitality REIT is a publicly traded real estate investment trust that owns a diverse portfolio of 224 upscale, rooms-focused hotels across the United States. The portfolio includes 30,000 guest rooms in 87 markets throughout 37 states and the District of Columbia, with properties branded under Marriott (100 hotels), Hilton (119 hotels), and Hyatt (5 hotels).

Apple Hospitality REIT, Inc. (NYSE: APLE) ha annunciato una regolare distribuzione mensile in contanti di 0,08 $ per azione ordinaria, che sarà pagata il 15 ottobre 2024, agli azionisti registrati al 30 settembre 2024. Basandosi sul prezzo di chiusura delle azioni dell'azienda di 14,46 $ del 18 settembre 2024, questa distribuzione annualizzata di 0,96 $ per azione ordinaria rappresenta un rendimento annuale di circa il 6,6%.

Apple Hospitality REIT è un fondo di investimento immobiliare quotato in borsa che possiede un portafoglio diversificato di 224 hotel di alta qualità, focalizzati sulle camere negli Stati Uniti. Il portafoglio include 30.000 camere per gli ospiti in 87 mercati in 37 stati e nel Distretto di Columbia, con strutture marchiate Marriott (100 hotel), Hilton (119 hotel) e Hyatt (5 hotel).

Apple Hospitality REIT, Inc. (NYSE: APLE) ha anunciado una distribución de efectivo mensual regular de $0.08 por acción común, que se pagará el 15 de octubre de 2024, a los accionistas registrados hasta el 30 de septiembre de 2024. Basado en el precio de cierre de las acciones de la compañía de $14.46 del 18 de septiembre de 2024, esta distribución anualizada de $0.96 por acción común representa un rendimiento anual de aproximadamente el 6.6%.

Apple Hospitality REIT es un fideicomiso de inversión en bienes raíces que cotiza en bolsa y que posee un portafolio diverso de 224 hoteles de alta gama, enfocados en habitaciones en los Estados Unidos. El portafolio incluye 30,000 habitaciones para huéspedes en 87 mercados de 37 estados y el Distrito de Columbia, con propiedades de marcas Marriott (100 hoteles), Hilton (119 hoteles) y Hyatt (5 hoteles).

Apple Hospitality REIT, Inc. (NYSE: APLE)는 보통주 1주당 0.08달러의 정기 월간 현금 배당금을 발표하였으며, 2024년 10월 15일에 2024년 9월 30일 기준 주주에게 지급될 예정입니다. 2024년 9월 18일 회사의 종가인 14.46달러를 기준으로 할 때, 이 연간 배당금 0.96달러는 약 6.6%의 연간 수익률을 나타냅니다.

Apple Hospitality REIT는 미국 전역에 걸쳐 224개의 고급 객실 중심 호텔 포트폴리오를 보유한 상장 부동산 투자 신탁입니다. 이 포트폴리오에는 37개 주와 컬럼비아 특별구의 87개 시장에 30,000개의 객실이 포함되어 있으며, Marriott(100개 호텔), Hilton(119개 호텔) 및 Hyatt(5개 호텔) 브랜드의 자산이 포함되어 있습니다.

Apple Hospitality REIT, Inc. (NYSE: APLE) a annoncé une distribution mensuelle en espèces régulière de 0,08 $ par action ordinaire, payable le 15 octobre 2024, aux actionnaires enregistrés au 30 septembre 2024. Sur la base du prix de clôture de l'action de l'entreprise de 14,46 $ au 18 septembre 2024, cette distribution annualisée de 0,96 $ par action ordinaire représente un rendement annuel d'environ 6,6%.

Apple Hospitality REIT est un fonds de placement immobilier cotée en bourse qui possède un portefeuille diversifié de 224 hôtels de luxe axés sur les chambres à travers les États-Unis. Le portefeuille comprend 30 000 chambres d'hôtel sur 87 marchés dans 37 États ainsi que dans le District de Columbia, avec des propriétés sous les marques Marriott (100 hôtels), Hilton (119 hôtels) et Hyatt (5 hôtels).

Apple Hospitality REIT, Inc. (NYSE: APLE) hat eine regelmäßige monatliche Barauszahlung von 0,08 $ pro Stammaktie angekündigt, die am 15. Oktober 2024 an die Aktionäre, die am 30. September 2024 im Aktienregister stehen, ausgezahlt wird. Auf Basis des Schlusskurses der Aktie von 14,46 $ am 18. September 2024 stellt diese jährliche Ausschüttung von 0,96 $ pro Stammaktie eine jährliche Rendite von ungefähr 6,6% dar.

Apple Hospitality REIT ist ein börsennotierter Immobilienfonds, der ein vielfältiges Portfolio von 224 gehobenen, auf Zimmer fokussierten Hotels in den Vereinigten Staaten besitzt. Das Portfolio umfasst 30.000 Gästezimmer in 87 Märkten in 37 Bundesstaaten sowie im District of Columbia, mit Immobilien unter den Marken Marriott (100 Hotels), Hilton (119 Hotels) und Hyatt (5 Hotels).

Positive
  • Monthly cash distribution of $0.08 per common share
  • Annualized distribution yield of approximately 6.6%
  • Large and diverse portfolio of 224 upscale hotels
  • Presence in 87 markets across 37 states and D.C.
  • Strong brand affiliations with Marriott, Hilton, and Hyatt
Negative
  • None.

RICHMOND, Va.--(BUSINESS WIRE)-- 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. The distribution is payable on October 15, 2024, to shareholders of record as of September 30, 2024.

Based on the Company’s common stock closing price of $14.46 on September 18, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 6.6%.

About Apple Hospitality REIT, Inc.

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 224 hotels with more than 30,000 guest rooms located in 87 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company’s hotel portfolio consists of 100 Marriott-branded hotels, 119 Hilton-branded hotels and five Hyatt-branded hotels. For more information, please visit www.applehospitalityreit.com.

Forward-Looking Statements Disclaimer

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are typically identified by use of statements that include phrases such as “may,” “believe,” “expect,” “anticipate,” “intend,” “estimate,” “project,” “target,” “goal,” “plan,” “should,” “will,” “predict,” “potential,” “outlook,” “strategy,” and similar expressions that convey the uncertainty of future events or outcomes. Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements.

Such factors include, but are not limited to, the ability of the Company to effectively acquire and dispose of properties and redeploy proceeds; the anticipated timing and frequency of shareholder distributions; the ability of the Company to fund capital obligations; the ability of the Company to successfully integrate pending transactions and implement its operating strategy; changes in general political, economic and competitive conditions and specific market conditions (including the potential effects of inflation or a recessionary environment); reduced business and leisure travel due to geopolitical uncertainty, including terrorism and acts of war; travel-related health concerns, including widespread outbreaks of infectious or contagious diseases in the U.S.; inclement weather conditions, including natural disasters such as hurricanes, earthquakes and wildfires; government shutdowns, airline strikes or equipment failures or other disruptions; adverse changes in the real estate and real estate capital markets; financing risks; changes in interest rates; litigation risks; regulatory proceedings or inquiries; and changes in laws or regulations or interpretations of current laws and regulations that impact the Company’s business, assets or classification as a REIT. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore there can be no assurance that such statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by the Company or any other person that the results or conditions described in such statements or the objectives and plans of the Company will be achieved. In addition, the Company’s qualification as a REIT involves the application of highly technical and complex provisions of the Internal Revenue Code of 1986, as amended. Readers should carefully review the risk factors described in the Company’s filings with the Securities and Exchange Commission, including but not limited to those discussed in the section titled “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023. Any forward-looking statement that the Company makes speaks only as of the date of this press release. The Company undertakes no obligation to publicly update or revise any forward-looking statements or cautionary factors, as a result of new information, future events, or otherwise, except as required by law.

For additional information or to receive press releases by email, visit www.applehospitalityreit.com.

Apple Hospitality REIT, Inc.

Kelly Clarke, Vice President, Investor Relations

804‐727‐6321

kclarke@applereit.com

Source: Apple Hospitality REIT, Inc.

FAQ

What is Apple Hospitality REIT's (APLE) monthly distribution amount for October 2024?

Apple Hospitality REIT (APLE) has declared a monthly cash distribution of $0.08 per common share for October 2024.

When is the payment date for APLE's October 2024 distribution?

The distribution is payable on October 15, 2024, to shareholders of record as of September 30, 2024.

What is the annualized yield of APLE's distribution based on the September 18, 2024 stock price?

Based on the closing stock price of $14.46 on September 18, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 6.6%.

How many hotels does Apple Hospitality REIT (APLE) own as of September 2024?

As of September 2024, Apple Hospitality REIT owns a portfolio of 224 upscale, rooms-focused hotels in the United States.

Apple Hospitality REIT, Inc.

NYSE:APLE

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REIT - Hotel & Motel
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United States of America
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