Does ARI pay a dividend?

Yes. Apollo Commercial Real Estate Finance, Inc. pays a quarterly dividend, currently yielding 66.96% based on trailing twelve-month payments of $4.50 per share.

How much does ARI pay in dividends?

$4.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next ARI ex-dividend date?

No upcoming ex-dividend date is currently on record for ARI. Dates appear here once the company declares them.

ARI Dividend

Apollo Commercial Real Estate Finance, Inc.

NYSEReal EstateStockData as of August 12, 2026

Dividend yield: 66.96%
Annual dividend: $4.50
Payout ratio: 1.17
Frequency: Quarterly
Share price: $6.72
Market cap: $880M

Is ARI a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is far above the marketAt 66.96%, the yield is more than three times the median of 2.78% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
Paying out more than it earnsA payout ratio of 1.17 exceeds reported earnings, which is normal for a REIT: large depreciation charges push accounting earnings well below the cash the business actually collects. Analysts judge REIT dividends against funds from operations instead.
Dividend has been cut 3 timesAcross 16 complete years, the annual total fell in 2020, 2024, 2025. The most recent reduction was in 2025.

ARI dividend history

Annual dividend per share, 2010 to 2025.

Peak $1.84 in 2016Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for ARI, most recent first.
Ex-dividend date	Pay date	Amount	Type
July 16, 2026	—	$3.7500	Special
March 31, 2026	April 15, 2026	$0.2500	Quarterly
December 31, 2025	January 15, 2026	$0.2500	Quarterly
September 30, 2025	October 15, 2025	$0.2500	Quarterly
June 30, 2025	July 15, 2025	$0.2500	Quarterly
March 31, 2025	April 15, 2025	$0.2500	Quarterly
December 31, 2024	January 15, 2025	$0.2500	Quarterly
September 30, 2024	October 15, 2024	$0.2500	Quarterly
June 28, 2024	July 15, 2024	$0.3500	Quarterly
March 27, 2024	April 15, 2024	$0.3500	Quarterly
December 28, 2023	January 12, 2024	$0.3500	Quarterly
September 28, 2023	October 13, 2023	$0.3500	Quarterly
June 29, 2023	July 14, 2023	$0.3500	Quarterly
March 30, 2023	April 14, 2023	$0.3500	Quarterly
December 29, 2022	January 13, 2023	$0.3500	Quarterly
September 29, 2022	October 14, 2022	$0.3500	Quarterly
June 29, 2022	July 15, 2022	$0.3500	Quarterly
March 30, 2022	April 15, 2022	$0.3500	Quarterly
December 30, 2021	January 15, 2022	$0.3500	Quarterly
September 29, 2021	October 15, 2021	$0.3500	Quarterly
June 29, 2021	July 15, 2021	$0.3500	Quarterly
March 30, 2021	April 15, 2021	$0.3500	Quarterly
December 30, 2020	January 15, 2021	$0.3500	Quarterly
September 29, 2020	October 15, 2020	$0.3500	Quarterly
June 29, 2020	July 15, 2020	$0.3500	Quarterly
March 30, 2020	April 15, 2020	$0.4000	Quarterly
December 30, 2019	January 15, 2020	$0.4600	Quarterly
September 27, 2019	October 15, 2019	$0.4600	Quarterly
June 27, 2019	July 15, 2019	$0.4600	Quarterly
March 28, 2019	April 15, 2019	$0.4600	Quarterly
December 28, 2018	January 15, 2019	$0.4600	Quarterly
September 27, 2018	October 15, 2018	$0.4600	Quarterly
June 28, 2018	July 16, 2018	$0.4600	Quarterly
March 28, 2018	April 16, 2018	$0.4600	Quarterly
December 28, 2017	January 16, 2018	$0.4600	Quarterly
September 28, 2017	October 16, 2017	$0.4600	Quarterly
June 28, 2017	July 17, 2017	$0.4600	Quarterly
March 29, 2017	April 17, 2017	$0.4600	Quarterly
December 28, 2016	January 17, 2017	$0.4600	Quarterly
September 28, 2016	October 17, 2016	$0.4600	Quarterly

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Frequently asked questions

Does ARI pay a dividend?: Yes. Apollo Commercial Real Estate Finance, Inc. pays a quarterly dividend, currently yielding 66.96% based on trailing twelve-month payments of $4.50 per share.
How much does ARI pay in dividends?: $4.50 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next ARI ex-dividend date?: No upcoming ex-dividend date is currently on record for ARI. Dates appear here once the company declares them.