Apollo Commercial Real Estate Finance (ARI) Declares $0.46 Quarterly Dividend; 11.6% Yield
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Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Dividend of $0.46 Per Share of Common Stock
March 15, 2016 4:15 PM EDTNEW YORK--(BUSINESS WIRE)-- Apollo Commercial Real Estate Finance, Inc. (the Company) (NYSE: ARI) today announced the Board of Directors declared a dividend of $0.46 per share of common stock, which is payable on April 15, 2016 to common stockholders of record on March 31, 2016.
In addition, the Board of Directors declared a cash dividend on the Companys 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock of $0.5391 per share for the quarterly period ending on April 15, 2016. The preferred dividend is payable on April 15, 2016 to preferred stockholders of record as of March 31, 2016. The Board of Directors also... More
