Apollo Residential Mortgage (AMTG) Declares $0.48 Quarterly Dividend; 14.3% Yield

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Apollo Residential Mortgage, Inc. Declares First Quarter 2016 Dividends on Shares of Preferred and Common Stock

March 17, 2016 4:15 PM EDT

NEW YORK--(BUSINESS WIRE)-- Apollo Residential Mortgage, Inc. (the Company or AMTG) (NYSE: AMTG) today announced the Board of Directors declared a cash dividend on the Companys 8.00% Series A Cumulative Redeemable Perpetual Preferred Stock (the Series A Preferred Stock) of $0.50 per share for the period that ends on April 29, 2016. The Series A Preferred Stock dividend is payable on April 29, 2016 to preferred stockholders of record as of March 31, 2016.

The Board of Directors also declared a quarterly dividend of $0.48 per share of common stock for the quarterly period ended March 31, 2016. The dividend is payable on April 29,... More