Business
Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders
RICHMOND, Va., March 20, 2025--Apple Hospitality REIT Announces Monthly Distribution and Date for 2025 Annual Meeting of Shareholders
About this update from Apple Hospitality Reit, Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":2035,"height":469,"url":"https://media.zenfs.com/en/business-wire.com/3844bc7318defa3bbb62d5a08bef71a0"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/rBOnYZ5VYhQ1bk86JTEimg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIyMTtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/3844bc7318defa3bbb62d5a08bef71a0","width":960,"height":221},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/5AYaiTdJA.kWQ6a9dL8QmQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD01NTQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/3844bc7318defa3bbb62d5a08bef71a0","width":1200,"height":277}},"lazy":false},{"type":"text","content":"RICHMOND, Va., March 20, 2025--(BUSINESS WIRE)--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 $0.08 per common share. The distribution is payable on April 15, 2025, to shareholders of record as of March 31, 2025.","length":359,"tagName":"p"},{"type":"text","content":"Based on the Company’s common stock closing price of $13.60 on March 19, 2025, the annualized distribution of $0.96 per common share represents an annual yield of approximately 7.1%.","length":182,"tagName":"p"},{"type":"text","content":"In addition, the Company today announced that its 2025 Annual Meeting of Shareholders will be held at 4:00 p.m. Eastern Time on Monday, May 19, 2025. The meeting will take place at the Courtyard New York World Trade Center Area, located at 100 Greenwich Street, New York, New York 10006, and is open to shareholders of record as of March 21, 2025.","length":347,"tagName":"p"},{"type":"text","content":"About Apple Hospitality REIT, Inc.","length":34,"tagName":"p"},{"type":"text","content":"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 219 hotels with approximately 29,600 guest rooms located in 84 markets throughout 37 states and the District of Columbia. Concentrated with industry-leading brands, the Company’s hotel portfolio consists of 97 Marrio...