Apollo Commercial Real Estate Declares New Dividend for Investors
Apollo Commercial Real Estate Finance Announces Dividend
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) has made a significant announcement regarding its dividend policy, showcasing its dedication to providing value to its shareholders. As per the recent declaration by its Board of Directors, the company has approved a dividend of $0.25 per share of common stock.
Details of the Dividend Announcement
This dividend is set to be distributed on January 15, 2025, to all common stockholders recorded by December 31, 2024. This decision reflects Apollo Commercial Real Estate Finance's strategy to enhance shareholder returns while ensuring sustainable business growth.
The Company’s Profile
Apollo Commercial Real Estate Finance, Inc. operates as a real estate investment trust (REIT). What distinguishes this company is its focus on originating, acquiring, investing in, and managing various commercial debt investments, including first mortgage loans and subordinate financings. This diversified strategy allows the company to participate in different aspects of the real estate market, enhancing its potential for stable returns.
Management and Expertise
Being externally managed and advised by ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc., Apollo Commercial Real Estate Finance benefits from a solid managerial backbone. Apollo Global Management owns substantial assets, approximately $733 billion, reflecting its extensive reach and expertise in alternative asset management. This partnership positions Apollo Commercial Real Estate to leverage resources and market insights to maximize its financial performance.
Recent Performance and Strategic Focus
In recent months, Apollo Commercial Real Estate Finance has successfully navigated changing market conditions, adapting its strategies to maintain performance. The company’s focus on managing high-quality commercial real estate debt positions it well amidst fluctuating interest rates and economic uncertainty.
Future Outlook and Market Trends
The outlook for Apollo Commercial Real Estate Finance remains optimistic. As the company continues to monitor market trends, its strategic focus on high-demand sectors within commercial real estate could enhance its investment portfolio. Investors and analysts will keenly watch the company’s ability to manage its obligations and growth strategies effectively.
Contact Information
For more information regarding the dividend announcement or general inquiries, interested parties can reach out to:
Hilary Ginsberg
Investor Relations
(212) 822-0767
Frequently Asked Questions
What is the new dividend declared by Apollo Commercial Real Estate Finance?
The company has declared a dividend of $0.25 per share of common stock.
When is the dividend payment scheduled?
The dividend is payable on January 15, 2025, to stockholders of record on December 31, 2024.
Who manages Apollo Commercial Real Estate Finance?
The company is externally managed by ACREFI Management, LLC, a subsidiary of Apollo Global Management.
What is the focus of Apollo Commercial Real Estate Finance's investment strategy?
They primarily engage in originating, acquiring, and managing commercial first mortgage loans and debt investments.
How can investors get in touch for more information?
Investors can contact Hilary Ginsberg in Investor Relations at (212) 822-0767 for more inquiries.
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