Apple Hospitality REIT Dividend
Dividend criteria checks 4/6
Apple Hospitality REIT is a dividend paying company with a current yield of 6.11% that is well covered by earnings. Next payment date is on 15th April, 2024 with an ex-dividend date of 27th March, 2024.
Key information
6.1%
Dividend yield
66%
Payout ratio
Industry average yield | 4.7% |
Next dividend pay date | 15 Apr 24 |
Ex dividend date | 27 Mar 24 |
Dividend per share | n/a |
Earnings per share | US$0.73 |
Dividend yield forecast in 3Y | 5.8% |
Recent dividend updates
Recent updates
Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple
Feb 26A Case Study On Leverage In Cyclical Sectors: Apple Hospitality
Feb 06Apple Hospitality REIT: Harvesting A Steady Income Stream
Dec 12Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)
Nov 28Hotel Income: 6% Monthly Dividends With Apple Hospitality
Oct 17Apple Hospitality REIT: A Healthy Fruit
Aug 17Apple Hospitality: A Solid Buy In Hotel REITs
Jul 30Apple Hospitality: Strong Performance Ahead
Jul 10Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield
May 28Apple Hospitality Q4 2022 Earnings Preview
Feb 20Apple Hospitality REIT: Think Twice Before Taking A Bite
Feb 14Apple Hospitality declares $0.08 dividend
Jan 20Apple Hospitality declares $0.08 dividend, special dividend of $0.08
Dec 20Apple Hospitality beefs up portfolio with additional hotel purchases
Oct 27An Apple Hospitality REIT A Day Keeps The Bears Away
Oct 16Apple Hospitality goes ex dividend tomorrow
Sep 30Apple Hospitality raises dividend by 40% to $0.07
Aug 17Apple Hospitality: A Lodging REIT Poised For Dividend Growth
Aug 09Apple Hospitality declares $0.05 dividend
Jul 20Apple Hospitality: Tempted To Take A Bite
May 25Stability 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) | 6.1% |
Market Bottom 25% (US) | 1.5% |
Market Top 25% (US) | 4.6% |
Industry Average (Hotel and Resort REITs) | 4.7% |
Analyst forecast in 3 Years (APLE) | 5.8% |
Notable Dividend: APLE's dividend (6.11%) is higher than the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: APLE's dividend (6.11%) is in the top 25% of dividend payers in the US market (4.64%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.6%), APLE's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (61.1%), APLE's dividend payments are covered by cash flows.