Apple Hospitality REIT, Inc. (NYSE:APLE) is included among the 10 Safest Monthly Dividend Stocks to Buy.
Apple Hospitality REIT, Inc. is a Virginia-based real estate investment trust that owns and operates hotel properties across the United States. Its portfolio includes well-known brands such as Courtyard, Fairfield, and Residence Inn, covering locations nationwide.
Apple Hospitality REIT, Inc.’s management has focused on boosting efficiency, cutting operating costs, and upgrading its portfolio by replacing older hotels with newer ones. Combined with steady improvements in occupancy rates, these efforts position the REIT to deliver long-term value for investors.
Apple Hospitality REIT, Inc. has gained recognition from investors for its consistent dividend track record. Since 2008, the company has regularly paid distributions and has at times provided shareholders with supplemental payouts, which makes it one of the safest stocks to consider. The company’s monthly dividend comes in at $0.08 per share for a dividend yield of 7.79%, as of September 23.
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