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Business Wire
20-05-2025
- Business
- Business Wire
Apple Hospitality REIT Celebrates 10th Anniversary of NYSE Listing and 25 Years in the Lodging Industry by Ringing The Opening Bell
RICHMOND, Va.--(BUSINESS WIRE)--Apple Hospitality REIT, Inc. (NYSE: APLE) (the 'Company' or 'Apple Hospitality') today announced that the Company is celebrating 25 years in the lodging industry and the 10th anniversary of its listing on the New York Stock Exchange ('NYSE') by ringing The Opening Bell today at 9:30 a.m. Eastern Time. "This morning, as we commemorate 10 years since listing on the New York Stock Exchange, we are honored to celebrate by ringing The Opening Bell," said Justin Knight, Chief Executive Officer of Apple Hospitality. "As we reflect on this milestone, we are grateful for the hard work, dedication and perseverance of our team over both the last decade and our 25-year history in the hospitality industry. The merits of our differentiated strategy have been proven across economic cycles, and we are confident we will continue to build on our strong foundation and further enhance shareholder value in the years to come." About Apple Hospitality REIT, Inc. Apple Hospitality REIT, Inc. (NYSE: APLE) is a publicly traded real estate investment trust ('REIT') that owns one of the largest and most diverse portfolios of upscale, rooms-focused hotels in the United States. Apple Hospitality's portfolio consists of 220 hotels with approximately 29,800 guest rooms located in 85 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company's hotel portfolio consists of 97 Marriott-branded hotels, 117 Hilton-branded hotels, five Hyatt-branded hotels and one independent hotel. For more information, please visit
Yahoo
24-03-2025
- Business
- Yahoo
Here's How You Can Earn $100 In Passive Income By Investing In Apple Hospitality REIT Stock
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Apple Hospitality REIT (NYSE:APLE) is a self-advised real estate investment trust that invests in income-producing real estate, primarily in the lodging sector, in the U.S. It will report its Q1 2025 earnings on May 1. Wall Street analysts expect the company to post EPS of $0.35, up from $0.34 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $339.40 million, up from $329.51 million a year earlier. Don't Miss: This Jeff Bezos-backed startup will allow you to . Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — The 52-week range of Apple Hospitality REIT stock price was $13.11 to $16.83. Apple Hospitality REIT's dividend yield is 7.06%. It paid $0.96 per share in dividends during the last 12 months. On Feb. 24, the company announced its Q4 2024 earnings, posting FFO of $0.32, compared to the consensus estimate of $0.31, and revenues of $333.04 million, compared to the consensus of $329.88 million, as reported by Benzinga. "Driven by steady improvement in business transient demand, the ongoing strength in leisure travel and muted supply growth, we achieved Comparable Hotels RevPAR growth of approximately 3% for the fourth quarter and more than 1% for the full year 2024, as compared to the same periods of 2023, respectively," said CEO Justin Knight. Trending: This Startup Is On The Brink Of A Huge Disruption To The $654 Billion Industry – If you want to make $100 per month — $1,200 annually — from Apple Hospitality REIT dividends, your investment value needs to be approximately $16,997, which is around 1,250 shares at $13.60 each. Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (7.06% in this case). So, $1,200 / 0.0706 = $16,997 to generate an income of $100 per month. You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock. The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40). In summary, income-focused investors may find Apple Hospitality REIT stock an attractive option for making a steady income of $100 per month by owning 1,250 shares of stock. Check out this article by Benzinga for three more stocks offering high dividend estate is a great way to diversify your portfolio and earn high returns, but it can also be a big hassle. Luckily, there are other ways to tap into the power of real estate without owning property. Arrived Home's Private Credit Fund's has historically paid an annualized dividend yield of 8.1%*, which provides access to a pool of short-term loans backed by residential real estate. The best part? Unlike other private credit funds, Looking for fractional real estate investment opportunities? The features the latest offerings. This article Here's How You Can Earn $100 In Passive Income By Investing In Apple Hospitality REIT Stock originally appeared on
