Apollo Commercial Real Estate Finance (ARI) Declares $0.46 Quarterly Dividend; 9.9% Yield

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Go back to Apollo Commercial Real Estate Finance (ARI) Declares $0.46 Quarterly Dividend; 9.9% Yield

Apollo Commercial Real Estate Finance (ARI) Commences 13.5M Common Stock Offering

March 13, 2018 4:07 PM EDT

Apollo Commercial Real Estate Finance, Inc. (the Company) (NYSE: ARI) today announced the Company has commenced an underwritten public offering of 13,500,000 shares of common stock. The Company expects to grant the underwriters a 30-day option to purchase up to 2,025,000 additional shares of common stock.

ARI intends to use all or a portion of the net proceeds from the offering to acquire... More