Apple Hospitality REIT Inc (NYSE:APLE) declared a $0.08 monthly distribution payable Aug. 17 to holders of record July 31, yielding about 5.7% at July 17’s $16.84 close, as Wells Fargo and BofA raised price targets—Wells Fargo to $17 and BofA to $16—shaping trader outlooks.
Previous Week Recap
- APLE Monthly Cash Distribution: Apple Hospitality REIT (APLE) declared a $0.08 monthly cash distribution, payable Aug 17, 2026 to holders of record July 31, 2026. At July 17 close $16.84, annualized yield ≈5.7%.
- APLE Ratings And Targets: Wells Fargo kept APLE rating equal-weight and raised its price target to $17 from $15. BofA raised its target to $16 from $15. Updates affect trader price outlooks.
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