Apple Hospitality REIT Announces Monthly Distribution

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 February 15, 2024, to shareholders of record as of January 31, 2024. Based on the Company’s common stock closing price of $16.16 on January 18, 2024, the annualized distribution of $0.96 per common share represents an annual yield of approximately 5.9 ...