Apple Hospitality REITNYSE: APLE

Apple Hospitality REIT (APLE) came out with quarterly funds from operations (FFO) of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.45 per share a year ago.

REIT yields are becoming more competitive, especially with the likelihood of interest rate cuts and low inflation on the horizon. This article identifies 35 equity REITs yielding 4.75% or better and at least 20% undervalued, narrowing down to 11 based on dividend safety, balance sheet quality, and growth projections. Avoid high-yield "sucker" stocks and companies with declining revenues or weak balance sheets to minimize risk and ensure stable returns.

Screening for mid to large-caps, high (>2%) dividends, attractive or neutral rated, >5yr dividend history, positive cash flow stocks as of 8/12/24 data from YCharts revealed 52 potential buy to hold candidates. The resulting list targets investors who “want to simply focus on profitable stocks without the fuss and bother of anything but an annual review and rebalance”. This inquiry will persist for months until a dozen or two truly qualified buy to hold qualifiers are determined from this ongoing search among large, well-established low-volatility and unsinkable companies.

Apple Hospitality REIT, Inc. (NYSE:APLE ) Q2 2024 Earnings Conference Call August 6, 2024 10:00 AM ET Company Participants Kelly Clarke - VP of IR Justin Knight - CEO Liz Perkins - CFO Conference Call Participants Dory Kesten - Wells Fargo Austin Wurschmidt - KeyBanc Capital Markets Jay Kornreich - Wedbush Securities Bryan Maher - B. Riley Securities Jonathan Jenkins - Oppenheimer Daniel Hogan - Baird Ken Billingsley - CompassPoint Operator Greetings, and welcome to the Apple Hospitality REIT Second Quarter 2024 Earnings Call.

Although the revenue and EPS for Apple Hospitality REIT (APLE) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Apple Hospitality REIT (APLE) came out with quarterly funds from operations (FFO) of $0.50 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to FFO of $0.49 per share a year ago.

Let's talk about monthly dividend payers today because, well, why waste our valuable time with stocks that only pay quarterly?

Monthly dividend stocks are attractive for income investors who are looking for more frequent payouts. Most stocks that pay dividends do so on a quarterly or semi-annual schedule.

REIT yields are high due to sell-off in 2022 and 2023, but REIT prices may rise if the Fed cuts rates in September as expected. Dividend safety is crucial when investing in high-yielding REITs, to avoid potential dividend cuts and share price sell-offs. Market cap, balance sheet strength, FFO growth forecast, dividend score, and price are key factors in identifying the best high-yield REIT for investment.