Core Insights - Apple Hospitality REIT, Inc. (NYSE:APLE) is recognized as one of the 10 safest monthly dividend stocks to buy, highlighting its stability and reliability in the market [1]. Company Overview - Apple Hospitality REIT, Inc. is a Virginia-based real estate investment trust that owns and operates hotel properties across the United States, featuring well-known brands such as Courtyard, Fairfield, and Residence Inn [2]. Operational Strategy - The management of Apple Hospitality REIT has focused on enhancing efficiency, reducing operating costs, and upgrading its portfolio by replacing older hotels with newer ones. These strategies, combined with steady improvements in occupancy rates, position the REIT for long-term value creation for investors [3]. Dividend Performance - The company has established a strong reputation among investors due to its consistent dividend payments since 2008, including supplemental payouts at times. As of September 23, the monthly dividend stands at $0.08 per share, resulting in a dividend yield of 7.79% [4].