Here's How You Can Earn $100 In Passive Income By Investing In Apple Hospitality REIT Stock
Here's How You Can Earn $100 In Passive Income By Investing In Apple Hospitality REIT Stock
Here's How You Can Earn $100 In Passive Income By Investing In Apple Hospitality REIT Stock

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Apple Hospitality REIT (NYSE:APLE) is a self-advised real estate investment trust that invests in income-producing real estate, primarily in the lodging sector, in the U.S.

It will report its Q1 2025 earnings on May 1. Wall Street analysts expect the company to post EPS of $0.35, up from $0.34 in the year-ago period. According to data from Benzinga Pro, quarterly revenue is expected to be $339.40 million, up from $329.51 million a year earlier.

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The 52-week range of Apple Hospitality REIT stock price was $13.11 to $16.83.

Apple Hospitality REIT's dividend yield is 7.06%. It paid $0.96 per share in dividends during the last 12 months.

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On Feb. 24, the company announced its Q4 2024 earnings, posting FFO of $0.32, compared to the consensus estimate of $0.31, and revenues of $333.04 million, compared to the consensus of $329.88 million, as reported by Benzinga.

"Driven by steady improvement in business transient demand, the ongoing strength in leisure travel and muted supply growth, we achieved Comparable Hotels RevPAR growth of approximately 3% for the fourth quarter and more than 1% for the full year 2024, as compared to the same periods of 2023, respectively," said CEO Justin Knight.

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How Can You Earn $100 Per Month As An Apple Hospitality REIT Investor?

If you want to make $100 per month — $1,200 annually — from Apple Hospitality REIT dividends, your investment value needs to be approximately $16,997, which is around 1,250 shares at $13.60 each.

Understanding the dividend yield calculations: When making an estimate, you need two key variables — the desired annual income ($1,200) and the dividend yield (7.06% in this case). So, $1,200 / 0.0706 = $16,997 to generate an income of $100 per month.

You can calculate the dividend yield by dividing the annual dividend payments by the current price of the stock.

The dividend yield can change over time. This is the outcome of fluctuating stock prices and dividend payments on a rolling basis.

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For instance, assume a stock that pays $2 as an annual dividend is priced at $50. Its dividend yield would be $2/$50 = 4%. If the stock price rises to $60, the dividend yield drops to 3.33% ($2/$60). A drop in stock price to $40 will have an inverse effect and increase the dividend yield to 5% ($2/$40).