Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend
March 12 2024 - 4:15PM
Apollo Commercial Real Estate Finance, Inc. (the “Company”)
(NYSE:ARI) today announced the Board of Directors declared a
dividend of $0.35 per share of common stock, which is payable on
April 15, 2024 to common stockholders of record on March 28, 2024.
About Apollo Commercial Real Estate
Finance, Inc. Apollo Commercial Real Estate Finance, Inc.
(NYSE: ARI) is a real estate investment trust that primarily
originates, acquires, invests in and manages performing commercial
first mortgage loans, subordinate financings and other commercial
real estate-related debt investments. The Company is externally
managed and advised by ACREFI Management, LLC, a Delaware limited
liability company and an indirect subsidiary of Apollo Global
Management, Inc., a high-growth, global alternative asset manager
with approximately $651 billion of assets under management as of
December 31, 2023.
Additional information can be found on the
Company's website at www.apollocref.com. Please note that our URL
address has changed.
Forward-Looking
StatementsCertain statements contained in this press
release constitute forward-looking statements as such term is
defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such statements are intended to be covered by the safe harbor
provided by the same. Forward-looking statements are subject to
substantial risks and uncertainties, many of which are difficult to
predict and are generally beyond the Company's control. These
forward-looking statements include information about possible or
assumed future results of the Company's business, financial
condition, liquidity, results of operations, plans and objectives.
When used in this release, the words believe, expect, anticipate,
estimate, plan, continue, intend, should, may or similar
expressions, are intended to identify forward-looking statements.
Statements regarding the following subjects, among others, may be
forward-looking: higher interest rates and inflation; market trends
in the Company’s industry, real estate values, the debt securities
markets or the general economy; the timing and amounts of expected
future fundings of unfunded commitments; the return on equity; the
yield on investments; the ability to borrow to finance assets; the
Company’s ability to deploy the proceeds of its capital raises or
acquire its target assets; and risks associated with investing in
real estate assets, including changes in business conditions and
the general economy. For a further list and description of such
risks and uncertainties, see the reports filed by the Company with
the Securities and Exchange Commission. The forward-looking
statements, and other risks, uncertainties and factors are based on
the Company's beliefs, assumptions and expectations of its future
performance, taking into account all information currently
available to the Company. Forward-looking statements are not
predictions of future events. The Company disclaims any intention
or obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
CONTACT: |
Hilary
Ginsberg |
|
Investor Relations |
|
(212) 822-0767 |
Apollo Commercial Real E... (NYSE:ARI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Apollo Commercial Real E... (NYSE:ARI)
Historical Stock Chart
From Nov 2023 to Nov 2024