Apollo Commercial Real Estate Finance, Inc.(NYSE: ARI) has announced its latest quarterly common stock dividend of $0.35 per share, payable to shareholders on July 15, 2024.This news comes as the company has seen a sequential increase in its 12-month dividend payout ratio, reaching 177.08 in the second quarter of 2023.While this ratio remains below the average, Apollo Commercial Real Estate Finance Inc.has made strides in its ranking among its peers in the Financial sector, moving from 0 in the first quarter of 2023 to 104.It is important for investors to monitor how this dividend payout ratio evolves and its impact on the company’s shares.
Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Dividend, Sees Increase in 12-Month Payout Ratio
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Source for this article: Based on Apollo Commercial Real Estate Finance Inc ’s official statement
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