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Apollo Commercial Real Estate Finance announces dividend of USD0.46 per share for quarter.

M2 EQUITYBITES-March 14, 2018-Apollo Commercial Real Estate Finance announces dividend of USD0.46 per share for quarter

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The board of directors of Apollo Commercial Real Estate Finance Inc (NYSE:ARI) authorised a common stock dividend of USD0.46 per share for the quarter, the company declared on Wednesday.

All stockholders of record date as on 30 March 2018 will be paid on 16 April 2018.

A real estate investment trust, Apollo Commercial Real Estate originates, acquires, invests in and manages performing commercial real estate mortgage loans, subordinate financing, CMBS and other commercial real estate-related debt investments.

The company is externally managed and advised by ACREFI Management LLC, an indirect subsidiary of Apollo Global Management LLC, a global alternative investment manager.

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Publication:M2 EquityBites (EQB)
Date:Mar 14, 2018
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