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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.

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