Trailing Dividend / Share
$1.02
Apollo Commercial Real Estate Finance, Inc. (ARI) Dividend History
Income profile from 2010 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
9.4%
Payout Ratio
1.1%
Sustainable
Dividend Streak
0 years
ARI Dividend Income Check
Safety
1.1% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 9.3% and trend is falling.
ARI Dividend Scorecard
Yield & Income
Dividend Yield9.4%
Trailing DPS$1.02
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout1.1%
Earnings SafetySustainable
FCF Payout334.3%
FCF SafetyStretched
Piotroski F-Score6/9
Growth
Growth Streak0 years
3Y CAGR-10.6%
5Y CAGR-7.2%
Yield on Cost (5Y)9.3%
YOC Trendfalling
Total Returns
Buyback Yield0.0%
Total Shareholder Yield9.4%
1Y Total Return20.7%
5Y Total Return7.7%
Div Contribution (5Y)39.6%
Estimated $10K growth (return + dividends):
5Y ago$10,77410Y ago$15,76920Y ago$19,443
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
ARI Income Growth Story
Dividend per share and yield on cost over time (17 years of payments)
ARI Dividend Safety Story
EPS is the container — dividend is what's drawn out
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Monthly dividend calendar — upcoming ex-dates for stocks you follow.
Dividend Analysis
Payout Safety
Apollo Commercial Real Estate Finance, Inc. distributes 1.1% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 334.3%, rated "Stretched".
Piotroski F-Score: 6/9 — moderate financial health.
Growth Track Record
ARI does not have a current streak of consecutive dividend increases, with a 3-year CAGR of -10.6% and 5-year CAGR of -7.2%.
Total Shareholder Returns
Beyond cash dividends, ARI returns capital through share repurchases. The combined picture: 9.4% dividend yield, 9.4% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 9.3% and is currently falling. The 5-year total return is 7.7%, with dividends contributing 39.6% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $15,769 today.
FCF payout is stretched — the dividend consumes a large share of free cash flow.
ARI Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$9.70
Avg/Payment$0.4850
Latest Change+1400.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 30, 2026Latest | $3.7500 | ↑ +1400.0% | 41.55% | Jul 15, 2026 |
| Mar 31, 2026 | $0.2500 | — | 9.47% | Apr 15, 2026 |
| Dec 31, 2025 | $0.2500 | — | 10.33% | Jan 15, 2026 |
| Sep 30, 2025 | $0.2500 | — | 9.87% | Oct 15, 2025 |
| Jun 30, 2025 | $0.2500 | — | 10.33% | Jul 15, 2025 |
| Mar 31, 2025 | $0.2500 | — | 11.49% | Apr 15, 2025 |
| Dec 31, 2024 | $0.2500 | — | 13.86% | Jan 15, 2025 |
| Sep 30, 2024 | $0.2500 | ↓ -28.6% | 14.15% | Oct 15, 2024 |
ARI Dividend vs Peers
Comparable companies in the same industry
#8 yield in peer group
Div Yield
9.4%
#8 of 9
Safety
Sustainable
1.1% payout
Streak
0Y
-7.2% 5Y CAGR
Total Shareholder
9.4%
#9 of 9
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| ARIApollo Commercial Re… | $1.4B | 9.4% | 1.1% | 0 | Sustainable |
 BXMTBlackstone Mortgage … | $3.1B | 10.4% | 2.9% | 0 | Sustainable |
 KREFKKR Real Estate Fina… | $454M | 14.2% | — | 0 | Unknown |
 TRTXTPG RE Finance Trust… | $665M | 13.3% | 1.5% | 0 | Sustainable |
2nd  GPMTGranite Point Mortga… | $63M | 16.4% | — | 0 | Unknown |
1st  RCReady Capital Corpor… | $289M | 38.7% | — | 0 | Unknown |
3rd  ACREAres Commercial Real… | $256M | 15.4% | — | 0 | Unknown |
 LADRLadder Capital Corp | $1.3B | 9.1% | 1.8% | 0 | Sustainable |
 BRSPBrightSpire Capital,… | $722M | 11.8% | — | 0 | Unknown |
ARI Annual Dividend History (2009–2026)
18 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $4.00 | — | 2 | — | — | — | 37.0% |
| 2025 | $1.00 | -16.7% | 4 | $0.81 | 123.5% | 0.81x | 9.3% |
| 2024 | $1.20 | -14.3% | 4 | $-0.97 | — | — | 11.1% |
| 2023 | $1.40 | 0.0% | 4 | $0.29 | 482.8% | 0.21x | 13.0% |
| 2022 | $1.40 | 0.0% | 4 | $1.68 | 83.3% | 1.20x | 13.0% |
| 2021 | $1.40 | -3.4% | 4 | $1.46 | 95.9% | 1.04x | 13.0% |
| 2020 | $1.45 | -21.2% | 4 | $0.01 | 15263.2% | 0.01x | 13.4% |
| 2019 | $1.84 | 0.0% | 4 | $1.40 | 131.4% | 0.76x | 17.0% |
| 2018 | $1.84 | 0.0% | 4 | $1.48 | 124.3% | 0.80x | 17.0% |
| 2017 | $1.84 | 0.0% | 4 | $1.51 | 121.9% | 0.82x | 17.0% |
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
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Historical Returns
16+ years return with dividends reinvested.
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DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
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ARI — Frequently Asked Questions
Quick answers to the most common questions about buying ARI stock.
How much dividend does ARI pay per share?
Apollo Commercial Real Estate Finance, Inc. (ARI) pays a trailing 12-month dividend of $1.02 per share, with a current dividend yield of +9.4%. Payments are made Semi-Annual.
When is ARI's next ex-dividend date?
ARI's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. ARI typically pays dividends Semi-Annual.
Is ARI's dividend safe?
ARI's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.1% and FCF payout ratio of +334.3%. The dividend history does not yet show a prolonged growth streak.
How many years has ARI increased its dividend?
ARI has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -7.2%.
How often does ARI pay dividends?
Apollo Commercial Real Estate Finance, Inc. pays dividends Semi-Annual. The trailing 12-month total is $1.02 per share. Dividend data on this page covers 16+ years from 2010 to 2026.
How much would $10,000 invested in ARI grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in ARI five years ago would be worth approximately $10,774 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is ARI's yield on cost for long-term holders?
ARI's yield on cost — the current dividend divided by the original purchase price — is +9.3% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +9.4% market yield, thanks to the lower original cost basis.