Apple Hospitality REIT, Inc.

NYSE:APLE Stock Report

Market Cap: US$4.0b

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 yield4.7%
Next dividend pay date15 Apr 24
Ex dividend date27 Mar 24
Dividend per sharen/a
Earnings per shareUS$0.73
Dividend yield forecast in 3Y5.8%

Recent dividend updates

Recent updates

Apple Hospitality: Strong Cash Flows And De-Risked Balance Sheet At Single-Digit Multiple

Feb 26

A Case Study On Leverage In Cyclical Sectors: Apple Hospitality

Feb 06

Apple Hospitality REIT: Harvesting A Steady Income Stream

Dec 12

Apple Hospitality Q3: Growth Has Been Slowing Down (Rating Downgrade)

Nov 28

Hotel Income: 6% Monthly Dividends With Apple Hospitality

Oct 17

Apple Hospitality REIT: A Healthy Fruit

Aug 17

Apple Hospitality: A Solid Buy In Hotel REITs

Jul 30

Apple Hospitality: Strong Performance Ahead

Jul 10

Apple Hospitality REIT: Recovering Well With A 6.6% Dividend Yield

May 28

Apple Hospitality Q4 2022 Earnings Preview

Feb 20

Apple Hospitality REIT: Think Twice Before Taking A Bite

Feb 14

Apple Hospitality declares $0.08 dividend

Jan 20

Apple Hospitality declares $0.08 dividend, special dividend of $0.08

Dec 20

Apple Hospitality beefs up portfolio with additional hotel purchases

Oct 27

An Apple Hospitality REIT A Day Keeps The Bears Away

Oct 16

Apple Hospitality goes ex dividend tomorrow

Sep 30

Apple Hospitality raises dividend by 40% to $0.07

Aug 17

Apple Hospitality: A Lodging REIT Poised For Dividend Growth

Aug 09

Apple Hospitality declares $0.05 dividend

Jul 20

Apple Hospitality: Tempted To Take A Bite

May 25

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
How does APLE dividend yield compare to the market?
SegmentDividend 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.


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