There Is No Free Lunch, Apple Hospitality Pays Once A Month

Back in May (2015), Apple Hospitality (NYSE:APLE) began trading on the New York Stock Exchange. Previously structured as a non-traded REIT and in connection with the listing, APLE said it commenced a modified Dutch auction tender offer to purchase up to $200 million of its common shares.

Summary

  • It certainly didn't hurt to give my teacher an apple, and hopefully the positive reinforcement served to propel me to my current career as a REIT analyst.
  • Now that I’m a writer covering securities, I thought it would be helpful to reward my teachers by providing them with another apple of sorts.
  • I am maintaining a BUY on APLE.

When I was in elementary school, I would always try to bribe the teacher by giving her an apple. It was my way of making the teacher feel appreciated while also remembering me when it was time to decide whether Brad gets an A- or B+.

The strategy was aimed to remind the teacher that apple begins with A, and not confuse her that Brad begins with B. Also, apples are a tradition for showing appreciation, and hopefully, with the right teachers (some would be grateful while others would see it as bribery), the gift would serve as a positive gesture.

It certainly didn’t hurt to give my teacher an apple, and hopefully the positive reinforcement served to propel me to my current career as a REIT analyst.

In full disclosure, I did make a few Cs but maybe it was because I did not give my chemistry and geometry teacher an apple.

Now that I’m a writer covering securities, I thought it would be helpful to reward my teachers by providing them with another apple of sorts.

Don’t worry, I’m not going to write on healthy fruits or the Apple (NASDAQ:AAPL) X (list $999). I have a much better idea and one that could serve as a frequent reminder - much like “an apple a day, keeps the doctor away” - there is no free lunch, Apple pays once a month. (note: there aren’t many words that rhyme with month).

Spend A Night, Not A Fortune, Collect Monthly Dividends

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