Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend
Apollo Commercial Real Estate Finance (NYSE:ARI) has declared a quarterly dividend of $0.25 per share of common stock, payable on October 15, 2024 to stockholders of record on September 30, 2024. CEO Stuart Rothstein explained that the dividend decision reflects the impact of ARI's focus loans and anticipated declines in floating interest rate benchmarks. The company aims to provide a consistent quarterly dividend supported by operating earnings. As ARI resolves its focus loans, it expects to benefit from Apollo's pipeline of new floating rate loan opportunities and the ability to redeploy capital into investments with increased operating earnings potential.
Apollo Commercial Real Estate Finance (NYSE:ARI) ha dichiarato un dividendo trimestrale di $0,25 per azione di azioni ordinarie, pagabile il 15 ottobre 2024 agli azionisti registrati il 30 settembre 2024. Il CEO Stuart Rothstein ha spiegato che la decisione sul dividendo riflette l'impatto dei prestiti mirati di ARI e le previste diminuzioni nei tassi di interesse di riferimento a variabile. L'azienda punta a fornire un dividendo trimestrale coerente supportato dagli utili operativi. Mentre ARI risolve i suoi prestiti mirati, prevede di beneficiare del portafoglio di nuove opportunità di prestito a tasso variabile di Apollo e della capacità di riedisporre capitale in investimenti con potenziale di aumento degli utili operativi.
Apollo Commercial Real Estate Finance (NYSE:ARI) ha declarado un dividendo trimestral de $0.25 por acción de acciones ordinarias, pagadero el 15 de octubre de 2024 a los accionistas registrados el 30 de septiembre de 2024. El CEO Stuart Rothstein explicó que la decisión del dividendo refleja el impacto de los préstamos focalizados de ARI y las declinaciones anticipadas en los índices de tasas de interés flotantes. La compañía tiene como objetivo proporcionar un dividendo trimestral consistente respaldado por los ingresos operativos. A medida que ARI resuelve sus préstamos focalizados, espera beneficiarse de la pipeline de nuevas oportunidades de préstamos a tasa flotante de Apollo y la capacidad de redistribuir capital en inversiones con un mayor potencial de ingresos operativos.
Apollo Commercial Real Estate Finance (NYSE:ARI)는 주당 $0.25의 분기 배당금을 선언했으며, 이는 2024년 10월 15일에 2024년 9월 30일 기준 주주에게 지급됩니다. CEO인 스튜어트 로스타인(Stuart Rothstein)은 배당금 결정이 ARI의 집중 대출과 변동 금리 벤치마크의 예상 하락 영향을 반영한다고 설명했습니다. 회사는 운영 수익에 의해 뒷받침되는 일관된 분기 배당금을 제공하는 것을 목표로 하고 있습니다. ARI가 집중 대출을 해결함에 따라, Apollo의 새로운 변동 금리 대출 기회 파이프라인과 함께 운영 수익 잠재력이 증가한 투자에 자본을 재투자할 수 있는 능력의 혜택을 볼 것으로 기대합니다.
Apollo Commercial Real Estate Finance (NYSE:ARI) a déclaré un dividende trimestriel de 0,25 $ par action d'actions ordinaires, payable le 15 octobre 2024 aux actionnaires inscrits le 30 septembre 2024. Le PDG Stuart Rothstein a expliqué que la décision concernant le dividende reflète l'impact des prêts ciblés d'ARI et une baisse anticipée des indices de taux d'intérêt flottants. L'entreprise vise à fournir un dividende trimestriel cohérent soutenu par les bénéfices d'exploitation. Alors qu'ARI résout ses prêts ciblés, elle s'attend à bénéficier du pipeline de nouvelles opportunités de prêts à taux flottant d'Apollo et à la capacité de réinvestir des capitaux dans des investissements avec un potentiel accru de bénéfices d'exploitation.
Apollo Commercial Real Estate Finance (NYSE:ARI) hat eine quartalsweise Dividende von $0,25 pro Aktie für Stammaktien erklärt, die am 15. Oktober 2024 an die Aktionäre ausgezahlt wird, die am 30. September 2024 im Aktienregister stehen. CEO Stuart Rothstein erklärte, dass die Dividendenentscheidung die Auswirkungen der Fokusdarlehen von ARI sowie erwartete Rückgänge der variablen Zinssätze widerspiegelt. Das Unternehmen zielt darauf ab, eine konstante quartalsweise Dividende zu bieten, die durch Betriebserträge unterstützt wird. Während ARI seine Fokusdarlehen abbaut, erwartet es, von der Pipeline neuer Gelegenheiten für variable Zinssätze bei Apollo zu profitieren sowie die Möglichkeit, Kapital in Investitionen mit höherem Ertragspotenzial zu reinvestieren.
- Consistent quarterly dividend of $0.25 per share maintained
- Potential for increased operating earnings as focus loans are resolved
- Access to Apollo's pipeline of new floating rate loan opportunities
- Impact on operating earnings from focus loans
- Anticipated declines in floating interest rate benchmarks
NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of
Commenting on the dividend, Stuart Rothstein, Chief Executive Officer and President of ARI said: “When setting the dividend each quarter, the Board of Directors reviews multiple factors with a focus on providing stockholders a consistent quarterly dividend supported by operating earnings. The Board’s decision to set the dividend at
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
Additional information can be found on the Company's website at www.apollocref.com. Please note that our URL address has changed.
Forward-Looking Statements
Certain 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.
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FAQ
What is the dividend amount and payment date for Apollo Commercial Real Estate Finance (ARI)?
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