Apple Hospitality REIT (Apple Hospitality REIT) Dividend Payout Ratio : 2.67 (As of Dec. 2023)

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What is Apple Hospitality REIT Dividend Payout Ratio?

Apple Hospitality REIT's dividend payout ratio for the months ended in Dec. 2023 was 2.67.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Apple Hospitality REIT Inc is 1.23, which seems too high.

The historical rank and industry rank for Apple Hospitality REIT's Dividend Payout Ratio or its related term are showing as below:

APLE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 1.22 Max: 1.55
Current: 1.23

During the past 13 years, the highest Dividend Payout Ratio of Apple Hospitality REIT was 1.55. The lowest was 0.36. And the median was 1.22.

APLE's Dividend Payout Ratio is ranked worse than
64.58% of 559 companies
in the REITs industry
Industry Median: 1.01 vs APLE: 1.23

As of today (2024-04-30), the Dividend Yield % of Apple Hospitality REIT is 6.37%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apple Hospitality REIT was 22.39%. The lowest was 0.12%. And the median was 5.99%.

Apple Hospitality REIT's Dividends per Share for the months ended in Dec. 2023 was $0.24.

During the past 12 months, Apple Hospitality REIT's average Dividends Per Share Growth Rate was 41.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 68.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -11.90% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Apple Hospitality REIT was 68.70% per year. The lowest was -67.80% per year. And the median was -17.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Apple Hospitality REIT Dividend Payout Ratio Historical Data

The historical data trend for Apple Hospitality REIT's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Apple Hospitality REIT Dividend Payout Ratio Chart

Apple Hospitality REIT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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1.55

0.36

0.93

1.21

Apple Hospitality REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															2.11	1.71	0.83	0.92	2.67

Competitive Comparison of Apple Hospitality REIT's Dividend Payout Ratio

For the REIT - Hotel & Motel subindustry, Apple Hospitality REIT's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apple Hospitality REIT's Dividend Payout Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Apple Hospitality REIT's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Apple Hospitality REIT's Dividend Payout Ratio falls into.

Apple Hospitality REIT Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Apple Hospitality REIT's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.96	/	0.794
	=	1.21

Apple Hospitality REIT's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.24	/	0.09
	=	2.67

Apple Hospitality REIT (NYSE:APLE) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Apple Hospitality REIT Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Apple Hospitality REIT's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Apple Hospitality REIT (Apple Hospitality REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Apple Hospitality REIT Inc (NYSE:APLE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

48T:Germany

Address

814 East Main Street, Richmond, VA, USA, 23219

Website

https://www.applehospitalityreit.com

Apple Hospitality REIT Inc is a real estate investment trust that invests in income-producing real estate, majorly in the lodging sector, in the United States. It chiefly invests in upscale service hotels. All of the company's hotels operate under the Marriott or Hilton brands. Apple Hospitality has wholly owned taxable REIT subsidiaries, which lease all of the company's hotels from wholly owned qualified REIT subsidiaries. These hotels are managed under separate agreements with various hotel management companies that are unaffiliated with Apple Hospitality. The company derives its income from hotel revenue, its sole segment.

Executives

Elizabeth Perkins	officer: SVP & Chief Financial Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Justin G Knight	director, officer: CEO	10 S THIRD ST, RICHMOND VA 23219
Nelson Knight	officer: President Real Estate & Invest	814 E MAIN STREET, RICHMOND VA 23219
Redd Hugh	director	C/O GENERAL DYNAMICS CORPORATION, 2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Howard E. Woolley	director	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Carolyn B Handlon	director	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Jon A Fosheim	director	DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE, SUITE 210, BOCA RATON FL 33487
Blythe J Mcgarvie	director	HANNAFORD BROS CO, 145 PLEASANT HILL RD, SCARBOROUGH ME 04074
Bunting Glenn W Jr	director	1551 NORTH TUSTIN AVENUE, SUITE 200, SANTA ANA CA 92705
Kristian M Gathright	director	10 S THIRD ST, RICHMOND VA 23219
Glade M Knight	director, officer: Executive Chairman	306 E MAINS T, RICHMOND VA 23219
Matthew Rash	officer: SVP & Chief Legal Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Rachel Labrecque	officer: SVP & Chief Accounting Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Jeanette Clarke	officer: SVP Chief Cap. Invest. Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219
Karen Catherine Gallagher	officer: SVP & Chief Operating Officer	C/O APPLE HOSPITALITY REIT, INC., 814 EAST MAIN STREET, RICHMOND VA 23219