The other Apple
7 Great Stocks With a 7 Percent Yield
Excerpt:
Apple Hospitality REIT (APLE): Structured as a real estate investment trust, Apple wins favorable tax treatment for its real estate intensive business but in return must pass on 90 percent of taxable income to shareholders. This is a win-win, because the Virginia-based hotel operator has been able to expand its portfolio to more than 30,000 rooms and over 240 hotels while consistently delivering impressive yield to its shareholders -- even as it has grown. Shares took a tumble at the end of 2018 amid the broader trouble for the stock market, and now investors with a long-term perspective would be well-served by considering a bargain buy in this high-yield stock.Comment: Quote / Company website . Owns the Hilton Garden Inn, 6350 Vinewood Lane N, Maple Grove, MN 55311
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