Apple Hospitality REIT Dividends and Buybacks
Dividend criteria checks 3/6
Apple Hospitality REIT is a dividend paying company with a current yield of 5.96% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 29th November, 2024.
Key information
6.0%
Dividend yield
-4.5%
Buyback Yield
| Total Shareholder Yield | 1.5% |
| Future Dividend Yield | 6.1% |
| Dividend Growth | -3.0% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 29 Nov 24 |
| Dividend per share | Mex$0.960 |
| Payout ratio | 63% |
Recent dividend and buyback updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: APLE * has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: APLE * has only been paying a dividend for 9 years, and since then payments have fallen.
Dividend Yield vs Market
| Apple Hospitality REIT Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (APLE *) | 6.0% |
| Market Bottom 25% (MX) | 2.6% |
| Market Top 25% (MX) | 7.1% |
| Industry Average (Hotel and Resort REITs) | 5.4% |
| Analyst forecast (APLE *) (up to 3 years) | 6.1% |
Notable Dividend: APLE *'s dividend (5.96%) is higher than the bottom 25% of dividend payers in the MX market (2.63%).
High Dividend: APLE *'s dividend (5.96%) is low compared to the top 25% of dividend payers in the MX market (7.13%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (63.3%), APLE *'s dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (56.6%), APLE *'s dividend payments are covered by cash flows.