Apollo Commercial Real Estate Finance, Inc. Declares
NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) – Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE: ARI) announced today that its board of directors has approved a dividend of $ 0.35 per common share . payable on October 15, 2021 to the ordinary shareholders of record on September 30, 2021.
About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily creates, acquires, invests, and manages commercial first mortgage loans, subordinated finance, and other commercial real estate-related debt investments. The company is externally managed and advised by ACREFI 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 US $ 471.8 billion in assets under management – dollars as of June 30, 2021.
For more information, please visit the company’s website at www.apolloreit.com.
Certain statements in this press release constitute forward-looking statements within the meaning of 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 haven it provides . Forward-looking statements are subject to significant risks and uncertainties, many of which are difficult to predict and generally are beyond the control of the company. These forward-looking statements contain information about possible or anticipated future results of the business, financial condition, liquidity, results of operations, plans and goals of the company. The words believe, expect, anticipate, estimate, plan, continue, intend, should, can, or similar expressions used in this press release are intended to identify forward-looking statements. Statements on the following topics, among others, may be forward-looking: macro and microeconomic effects of the COVID-19 pandemic; the severity and duration of the COVID-19 pandemic; Government agencies taking action to contain the COVID-19 pandemic or address its effects; the impact of the COVID-19 pandemic on the company’s financial position, operating results, liquidity and capitalization; Market trends in the company’s industry, interest rates, property values, the debt markets, or the general economy; Timing and amount of expected future funding of unfunded obligations; the return on equity; the return on investment; the ability to borrow to finance assets; the company’s ability to use the proceeds of its capital increases or to acquire its target assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of these risks and uncertainties, see the company’s filings with the Securities and Exchange Commission. The 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 statements as a result of new information, future events or for any other reason, except as required by law.
CONTACT: Hilary Ginsberg