Apple Hospitality REIT
APLE (NYSE)
Apple Hospitality REIT (APLE) offers an appealing dividend yield of 8.10%, making it a strong candidate for income-focused investors. Despite facing a 1-year return of -14.92% and a 5-year return of -1.66%, the REIT is recognized for its potential to outperform the market, with a median price target of $14.00 set by analysts. As a monthly dividend stock, it provides consistent payouts, though future distributions depend on board approval.
Pros:
- Monthly dividend payments
- Diverse hotel portfolio
Cons:
- Negative 1-year return
- Market volatility in the hospitality sector
Apple Hospitality REIT (APLE) may be suitable for income-focused investors seeking a high dividend yield, particularly those who prioritize monthly income and can tolerate short-term volatility, as indicated by its recent performance metrics. However, potential investors should carefully consider the company's historical returns and the reliance on board approval for future distributions before making an investment decision.
