NEW YORK, Dec. 13 12, 2022 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE: ARI) today announced that the Board of Directors has declared a dividend of $0.35 per common share, payable on January 13, 2023 to common shareholders of record on December 30, 2022.
About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that originates, acquires, invests in and primarily manages commercial first mortgage loans, subordinate financings and other commercial debt investments. commercial real estate. The company is externally managed and advised by AREFI 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 $523 billion. of assets under management as of September 30. , 2022.
Additional information is available on the Company’s website at www.apolloref.com.
Forward-looking statements
Certain statements contained in this press release constitute forward-looking statements as 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 generally beyond the Company’s control. These forward-looking statements include information about possible or expected 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 matters, among others, may be forward-looking: macro and micro-economic impact of the COVID-19 pandemic; rising interest rates and inflation; the severity and duration of the COVID-19 pandemic; measures taken by governmental authorities to contain the COVID-19 pandemic or address its impact; the impact of the COVID-19 pandemic on the Company’s financial condition, results of operations, liquidity and capital resources; market trends in the Company’s industry, interest rates, real estate values, debt securities markets or the economy generally; the timing and amounts of future funding expected from unfunded commitments; return on equity; return on investments; the ability to borrow to finance assets; the Company’s ability to deploy the proceeds of its fundraising or acquire its target assets; and the risks associated with investing in real estate assets, including changes in trading conditions and the general economy. For a more detailed listing and description of such risks and uncertainties, see the Company’s filings with the Securities and Exchange Commission. Forward-looking statements and other risks, uncertainties and factors are based on the Company’s beliefs, assumptions and expectations regarding 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 statement, whether as a result of new information, future events or otherwise, except as required by law.
CONTACT: | Hilary Ginsberg Investor Relations (212) 822-0767 |