Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Dividend, Payable on October 13, 2023
September 12, 2023 at 04:15 pm EDT
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Apollo Commercial Real Estate Finance, Inc. announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on October 13, 2023 to common stockholders of record on September 29, 2023.
Apollo Commercial Real Estate Finance, Inc. is a real estate investment trust. The Company primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Companyâs principal business objective is to acquire its target assets in order to provide attractive risk-adjusted returns to its stockholders over the long term, primarily through dividends and secondarily through capital appreciation. Its investment strategy is to identify opportunities within its target assets through its manager and its affiliates as well as their platform, which integrates real estate experience with private equity and capital markets in transaction sourcing, underwriting, execution, asset operation, management and disposition. Its target assets are secured by real estate throughout the United States and Europe. The Company is externally managed and advised by ACREFI Management, LLC.
APOLLO COMMERCIAL REAL ESTATE FINANCE, INC. 
