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NEW YORK - Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) declared a dividend of $0.25 per share of common stock, maintaining its impressive 16-year streak of consistent dividend payments with a current yield of 9.97%, the company announced Tuesday in a press release.
The dividend will be payable on July 15, 2025, to stockholders of record as of June 30, 2025.
Apollo Commercial Real Estate Finance is a real estate investment trust that primarily focuses on originating, acquiring, investing in and managing performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments.
The company is externally managed by ACREFI Management, LLC, a subsidiary of Apollo Global Management, Inc., which manages approximately $785 billion in assets as of March 31, 2025.
The announcement comes as part of the company’s regular dividend distribution schedule, according to the press release statement.
In other recent news, Apollo Commercial Real Estate Finance reported its first-quarter earnings for 2025, exceeding analyst expectations with earnings per share (EPS) of $0.24, surpassing the forecasted $0.22. The company also outperformed revenue projections, reporting $65.82 million against the expected $62.32 million. Apollo’s loan portfolio grew to $7.7 billion from $7.1 billion at the end of the previous year, indicating a strong commitment to expanding its lending activities. The firm committed $650 million in new loans during the quarter, primarily targeting residential properties. Despite these positive results, Citizens JMP maintained its Market Perform rating on Apollo, noting that the distributable earnings per share of $0.24 did not fully cover the quarterly dividend of $0.25. The firm’s debt-to-equity ratio increased to 3.5x from 3.2x at year-end, reflecting its active lending strategy. The company remains cautious about potential recession impacts but anticipates receiving $1.5 billion in loan repayments this year. Apollo continues to focus on strategic positioning in both European and U.S. markets, as highlighted during their recent earnings call.
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