Summary: Apple Hospitality REIT (NYSE: APLE) is a real estate investment trust (REIT) that focuses on investing in upscale, select-service hotels across the United States. You can invest in it through a reputable brokerage, one of which is eToro.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
About Apple Hospitality REIT
Apple Hospitality REIT, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol APLE. It was founded in 2007 and is headquartered in Richmond, Virginia. The company’s primary business is investing in upscale select-service hotels, which are known for their high-quality accommodations, convenient locations, and attractive amenities.
Note
Investing in APLE provides an opportunity to own a piece of these hotel properties without the responsibilities that come with physical property ownership. The company aims to provide shareholders with a stable income stream and the potential for long-term capital growth through the appreciation of its hotel portfolio.
How to buy Apple Hospitality REIT: Step-by-step
Investing in REITs, such as Apple Hospitality, can be a hassle-free process if you follow these few simple steps:
Step 1: Choose a brokerage
To invest in Apple Hospitality REIT, you need to open an investment account with a brokerage. Our go-to broker for buying hotel REITs is eToro, which is a well-established platform that’s regulated by FinCEN and is home to over 30 million registered accounts. Some of its most notable features include:
- Commission-free stock trading;
- Access to over 2,000 stocks from 17 different exchanges;
- The option to purchase fractional shares;
- A user-friendly platform that simplifies the trading experience.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
When choosing a brokerage, you should consider:
- Research brokerages: Look for a reputable brokerage that offers the ability to trade on the New York Stock Exchange;
- Open an account: Visit the brokerage’s website and follow the instructions to open an account. You’ll need to provide personal information, such as your name, address, and social security number;
Step 2: Fund your account
Before you can invest in Apple Hospitality REIT, you’ll need to fund your brokerage account. Here’s how:
- Transfer funds: Log in to your brokerage account and follow the instructions for transferring funds from your bank account. You can specify the amount you want to invest in APLE;
- Set a budget: Determine how much you want to invest in APLE. Consider your financial goals and risk tolerance. It’s essential to invest an amount you’re comfortable with and can afford to lose.
Step 3: Place your order
With a funded brokerage account, the next step is to place your order to buy Apple Hospitality REIT shares:
- Place an order: Log in to your brokerage account and navigate to the trading platform. Search for Apple Hospitality REIT by its ticker symbol APLE and select it;
- Choose order type: You can place a market order, which buys APLE shares at the current market price, or a limit order, where you specify the maximum price you are willing to pay. Select your preferred order type;
- Confirm and review: Review your order details, including the number of shares you want to buy and the total cost. Once you’re satisfied, confirm the order;
- Monitor your investment: After purchasing APLE shares, keep an eye on your investment. You can track your holdings through your brokerage account and make decisions on when to buy more, hold, or sell based on your investment goals.
Note
If you’re looking to invest in other hotel REITs, feel free to check out our other guides, including:
- How to Buy Marriott International Stock;
- How to Buy VICI Properties Stock;
- How to Buy MGM Resorts International Stock;
- How to Buy Hilton Grand Vacations Stock.
Apple Hospitality REIT price today
Pros and cons of buying APLE REIT
Pros
- Dividend income: APLE typically offers regular dividend payments, making it an attractive option for income-focused investors;
- Diversification: Investing in APLE allows you to diversify your portfolio by adding exposure to the hospitality sector without the need to own individual hotel properties;
- Liquidity: As a publicly traded REIT, APLE shares are liquid and can be bought and sold on the stock market.
Cons
- Market risk: Like all investments, APLE is subject to market fluctuations. Therefore, the value of your investment can go up or down based on market conditions;
- Interest rate sensitivity: REITs are sensitive to interest rate changes, and rising interest rates can impact the attractiveness of APLE;
- Tax considerations: REIT dividends may have tax implications, so it’s essential to understand the tax treatment of your dividends.
Common mistakes to avoid when buying REITs
Investing in REITs, including Apple Hospitality REIT, can be rewarding, but it’s crucial to avoid common mistakes that could hinder your success:
- Neglecting due diligence: Always research the REIT you’re investing in. To do so, try to understand its management team, track record, and the properties it owns;
- Ignoring diversification: Don’t put all your money into a single REIT. Instead, diversify your investments to spread risk;
- Not considering tax implications: Understand the tax treatment of REIT dividends and how they fit into your overall tax strategy;
- Overlooking market conditions: Keep an eye on market trends and economic factors that can influence the performance of REITs;
- Neglecting your investment goals: Determine your investment objectives and risk tolerance before investing in any REIT. Make sure they align with your financial goals.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about how to buy Apple Hospitality REIT
What is a REIT?
A Real Estate Investment Trust (REIT) is a company that owns, operates, or finances income-producing real estate properties. It, therefore, offers investors an opportunity to invest in real estate without directly owning physical properties.
How do I receive dividends from APLE?
If you own APLE shares, dividends are typically paid quarterly directly into your brokerage account.
Are there tax advantages to investing in REITs?
REITs are known for their tax benefits, such as avoiding corporate income tax by distributing at least 90% of their taxable income to shareholders. However, shareholders may have tax obligations on the dividends received.
Can I reinvest my APLE dividends?
Many brokerages offer dividend reinvestment plans (DRIPs) that allow you to automatically reinvest your APLE dividends to purchase additional shares.
What are the risks of investing in APLE?
Risks include market fluctuations, interest rate sensitivity, and potential changes in the hospitality industry.
Highly Rated Stock Trading & Investing Platform
-
Invest in 2,800+ stocks and other assets including 70+ cryptocurrencies and commodities.
-
0% commission on buying stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
-
Copy top-performing traders in real time, automatically.
-
eToro USA is registered with FINRA for securities trading.
