Apple Hospitality REIT (APLE) Looks 5% Pricey After Its Monthly Dividend Declaration

Apple Hospitality REIT (APLE) just caught fresh attention after its board affirmed a regular monthly cash distribution of US$0.08 per share, a decision that anchors the stock’s appeal for income-focused investors. The latest distribution decision comes after a strong run in Apple Hospitality REIT’s trading performance. The share price is up 11.43% over the past 30 days and 49.59% year to date, with a 66.01% total shareholder return over the past year. This suggests that momentum has been...