Apple Hospitality REIT Inc (APLE) is a real estate investment trust that invests in income-producing real estate, mostly in the lodging sector, in the United States.

It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly-owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly-owned qualified REIT subsidiaries.

These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

As of March 31, 2024, the Company owned 224 hotels with an aggregate of 29,886 guest rooms located in 37 states and the District of Columbia (DC).

Apple Hospitality REIT, Inc. was formed in November 2007 as a Virginia corporation, together with its wholly-owned subsidiaries. 

Three key data points gauge Apple Hospitality or any dividend paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

APLE Price

Over the past year, Apple Hospitality’s share price fell just about 1% from $14.64 to $14.48 as of Friday’s market close.

If Apple Hospitality shares trade in the range of $10.00 to $20.00 this next year, its recent $14.48 share price might rise to $17.00 by next year. Of course, APLE’s price could also drop about the same $2.52 estimated amount, or more.

My $2.52 upside is based on the median of one year target estimates from seven analysts tracking APLE for brokers.

APLE Dividend

Apple Hospitality REIT has paid monthly variable dividends since June 2015. The most recent $0.08 Monthly dividend was declared July 18th for shareholders of record July 31st and the dividend is payable August 15th. The forward looking $0.96 annual dividend yields 6.60% at Friday’s closing price.

APLE Returns

To put it all together, a $3.48 estimated one year gross gain per share shows up by adding APLE’s  $0.96 annual dividend to the estimated price upside of $2.52.

A little under $1000 buys 69 shares at $14.48 per share.

A $10 broker fee (if charged), paid half at purchase and half at sale, might take about $0.145 per share out of the $3.48 annual, gross-gain to reveal a net gain of $3.335 X 69 shares = $230.12 for about an 23% estimated net gain on the year.

Furthermore, the $66.30 annual dividend income from $1K invested is about 4.58 times greater than the $14.48 single share price. By these numbers, APLE may be an ideal dividend dog.

You might choose to pounce on Apple Hospitality REIT Inc. It is a 17 year-old monthly dividend-paying Virginia-based REIT with a 9 year track record paying variable monthly dividends.

The exact track of Apple Hospitality future price and dividend will entirely be determined by market action.

Remember, the true value of any stock is best realized through personal ownership of shares.

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