Apple Hospitality REIT Introduces Monthly Dividend Payment

Apple Hospitality REIT has introduced an additional cash distribution for its shareholders. The company declared a regular monthly dividend of $0.08 per common share, payable on October 15, 2026, to those who own shares by September 30, 2026. This move implies an annualized payout of $0.96 per share.

The dividend payout ratio is estimated at 124.7 percent, and MarketBeat has assigned a Hold rating with a target price of $16.50 for the stock. The current market capitalization stands at $3.67 billion.

Apple Hospitality REIT's recent quarterly earnings report showed a net income margin of 12.17 percent, with revenue reaching $402.55 million and EPS at $0.28. However, this is contrasted with the company's new monthly dividend of $0.08 per share.