Apollo Commercial Real Estate Finance, Inc.
ARIReal Estate · Stock · quarterly payer
Forward Yield
14.95%
Annual Dividend
$1.00
Payout Ratio
123%
5-Yr Growth
-7.2%
Ex-Date
Jul 16, 2026
Frequency
Quarterly
Summary
As of July 2026, Apollo Commercial Real Estate Finance, Inc. (ARI) yields 14.95% ($1.00 per share annually), with a blended fair-value estimate of $17.06 — +152% upside, so it screens as undervalued. Dividend safety grade: D (38/100).
Is ARI a good dividend stock?
Higher riskApollo Commercial Real Estate Finance, Inc. (ARI) pays a quarterly dividend yielding 14.95% ($1.00/yr), with 0 years of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
Risks
- Cut its dividend in 2025
- Elevated payout ratio (123%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 14.95%
- Payout Ratio
- 123%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- -7.2%
- Ex-Dividend Date
- Jul 16, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 1.41
- Market Cap
- $881.3M
- P/E Ratio
- 8.2
- 5-Yr Total Return
- -56%
- 52-Week Range
- $6.65 – $11.24
- Dividend Safety
- D · 38/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
ARI Price — Last 12 Months
Daily close
Price Return
1 Year
-36%
3 Years
-38%
5 Years
-56%
52-Week Range
$6.65 – $11.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ARI worth?
Undervaluedlow confidenceOur blended fair-value estimate for Apollo Commercial Real Estate Finance, Inc. is $17.06 per share, versus a market price of $6.77. That implies 152% of upside — a margin of safety of about 60%.
Fair Value
$17.06
Current Price
$6.77
Upside
+152%
Margin of Safety
60%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 11.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $0.81 EPS, $1.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ARI Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 16, 2026 | — | $3.7500 | regular |
| Mar 31, 2026 | — | $0.2500 | regular |
| Dec 31, 2025 | — | $0.2500 | regular |
| Sep 30, 2025 | — | $0.2500 | regular |
| Jun 30, 2025 | — | $0.2500 | regular |
| Mar 31, 2025 | — | $0.2500 | regular |
| Dec 31, 2024 | — | $0.2500 | regular |
| Sep 30, 2024 | — | $0.2500 | regular |
| Jun 28, 2024 | — | $0.3500 | regular |
| Mar 27, 2024 | — | $0.3500 | regular |
| Dec 28, 2023 | — | $0.3500 | regular |
| Sep 28, 2023 | — | $0.3500 | regular |
| Jun 29, 2023 | — | $0.3500 | regular |
| Mar 30, 2023 | — | $0.3500 | regular |
Income Calculator
At $1.00 / yr per share
