5 Best Monthly Dividend Stocks to Buy According to Analysts

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In this article, we discuss 5 best monthly dividend stocks to buy according to analysts. If you want to read our detailed analysis of dividend stocks and their performance, go directly to read 13 Best Monthly Dividend Stocks to Buy According to Analysts.

5. Apple Hospitality REIT, Inc. (NYSE:APLE)

Upside Potential as of March 20: 28.38%
Average Price Target Based on Analyst Ratings: $19.00

Apple Hospitality REIT, Inc. (NYSE:APLE) is an American real estate investment trust company, based in Virginia. In February, Wells Fargo raised its price target on the stock to $18 and maintained an Equal Weight rating on the shares, highlighting the company’s performance in the recent quarter.

On March 20, Apple Hospitality REIT, Inc. (NYSE:APLE) declared a monthly dividend of $0.08 per share, which was in line with its previous dividend. The stock has a dividend yield of 6.49%, as of March 20.

At the end of Q4 2022, 20 hedge funds tracked by Insider Monkey reported owning stakes in Apple Hospitality REIT, Inc. (NYSE:APLE), worth over $152.5 million collectively. Citadel Investment Group owned the largest stake in the company, worth over $35.6 million.

Follow Apple Hospitality Reit Inc. (NYSE:APLE)


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