Apple Hospitality REIT Announces April 2022 Distribution and Date of 2022 Annual Meeting of Shareholders
Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality) today announced that its Board of Directors declared a regular monthly cash distribution of $0.05 per common share for the month of April 2022.
- Apple Hospitality REIT, Inc. (NYSE: APLE) (the Company or Apple Hospitality) today announced that its Board of Directors declared a regular monthly cash distribution of $0.05 per common share for the month of April 2022.
- The distribution is payable on April 18, 2022, to shareholders of record as of April 4, 2022.
- Based on the Companys common stock closing price of $18.29 on March 17, 2022, the annualized distribution of $0.60 per common share represents an annual yield of approximately 3.3%.
- In addition, the Company today announced that its 2022 Annual Meeting of Shareholders will be held on Friday, May 13, 2022, beginning at 9:00 a.m. Eastern Time.