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Stock impact report

Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend

Apollo Commercial Real Estate Finance, Inc (ARI) 
Last apollo commercial real estate finance, inc earnings: 2/13 04:30 pm Check Earnings Report
US:NYSE Investor Relations: apolloreit.com
Company Research Source: GlobeNewswire
NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.25 per share of common stock, which is payable on October 15, 2024 to common stockholders of record on September 30, 2024. Commenting on the dividend, Stuart Rothstein, Chief Executive Officer and President of ARI said: “When setting the dividend each quarter, the Board of Directors reviews multiple factors with a focus on providing stockholders a consistent quarterly dividend supported by operating earnings. The Board’s decision to set the dividend at $0.25 per share of common stock reflects the impact to operating earnings from ARI’s focus loans as well as anticipated declines in floating interest rate benchmarks as indicated by the forward curves. As ARI’s focus loans are resolved, the Company should benefit from Apollo’s active pipeline of new floating rate loan opportunities and the ability to red Show less Read more
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