Apple Hospitality Remains a Welcoming Place to Invest

These days I'm a bit hesitant about most high-yield investments, particularly due to the potential effects that higher interest rates in the broader bond market might bring. One that I'm not all that nervous about is Apple Hospitality (APLE) , not least because of this REIT's leverage of just 3x EBITDA, which is very low for hotel landlords. I recommended Apple Hospitality last July and have been enjoying its generous monthly dividends since. 

Unfortunately, APLE shares are yet to take off. At the time I recommended Apple Hospitality, the shares were about $20. Today they sit at about $19. There have been ups and downs, with APLE at one point below $18, though the stock now is close to where it was eight months ago when I recommended it. Apple Hospitality is an income play, though, and I fully expect it to be able to maintain its dividend of 10 cents per month, for a yield of 6.35%....416 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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