APLE - An Apple Hospitality REIT A Day Keeps The Bears Away
Summary
- Apple Hospitality REIT is currently offering a 5.5% monthly dividend yield, which I expect to rise in the near future.
- From a P/FFO perspective, the company is reasonably valued, as compared to its peers, and the 3-year total return is by the best.
- There's a nice degree of portfolio diversification with regards to business and leisure travelers.
- Risks involve the anticipated economic slowdown, the large percentage of variable interest rate debt, and global geopolitical tensions.
- While there are some real risks involved, the company has proven resilient to the current bear market due to its quality portfolio and nice, safe, and growing dividend.
For further details see:
An Apple Hospitality REIT A Day Keeps The Bears Away