Ex-Div Reminder for Apollo Commercial Real Estate Finance Series A Cumulative Redeemable Perpetual Preferred Stock

On 6/28/17, Apollo Commercial Real Estate Finance Inc.'s 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: ARI.PRA) will trade ex-dividend, for its quarterly dividend of $0.5391, payable on 7/17/17. As a percentage of ARI.PRA's recent share price of $26.02, this dividend works out to approximately 2.07%, so look for shares of ARI.PRA to trade 2.07% lower - all else being equal - when ARI.PRA shares open for trading on 6/28/17. On an annualized basis, the current yield is approximately 8.30%, which compares to an average yield of 6.89% in the "Real Estate" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of ARI.PRA shares, versus ARI:

Below is a dividend history chart for ARI.PRA, showing historical dividends prior to the most recent $0.5391 on Apollo Commercial Real Estate Finance Inc.'s 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock :

According to the ETF Finder at ETF Channel, Apollo Commercial Real Estate Finance Inc. (Symbol: ARI) makes up 4.54% of the Mortgage REIT Income ETF ( MORT ) which is trading relatively unchanged on the day Monday.

In Monday trading, Apollo Commercial Real Estate Finance Inc.'s 8.625% Series A Cumulative Redeemable Perpetual Preferred Stock (Symbol: ARI.PRA) is currently up about 0.1% on the day, while the common shares (Symbol: ARI) are down about 0.1%.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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MORT ARI