SmarterDividends
ARI

Apollo Commercial Real Estate Finance, Inc.

ARI

Real Estate · REIT - Mortgage · Stock · quarterly payer

$6.38

Undervalued · +160% Add to Portfolio

Forward Yield

15.67%

Annual Dividend

$1.00

Payout Ratio

94%

5-Yr Growth

-7.2%

Ex-Date

Oct 30, 2026

Frequency

Quarterly

Key facts about ARI's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Apollo Commercial Real Estate Finance, Inc. (ARI) has a forward dividend yield of 15.67%, based on an annual dividend of $1.00 per share and a share price of $6.38.
  • As of Oct 18, 2026, ARI's dividend safety grade from SmarterDividends is D (49 out of 100), which rates the dividend as unsafe.
  • ARI last cut its regular dividend in 2025.
  • ARI's next ex-dividend date is Oct 30, 2026, with payment on Nov 13, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, ARI pays out 94% of its trailing 12-month earnings as dividends (its payout ratio).
  • ARI's dividend has shrunk at an average rate of 7.2% a year over the past five years.
  • As of Oct 18, 2026, ARI's 15.67% yield is 38% above its five-year average yield of 11.32%.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for ARI is $16.56 per share, 160% above the $6.38 share price, so ARI screens as undervalued.
  • Apollo Commercial Real Estate Finance, Inc. (ARI) pays its dividend quarterly, 4 times a year.
  • Apollo Commercial Real Estate Finance, Inc. (ARI) has raised its regular dividend 3 times and cut it 3 times across the 66 payments on record since 2010. Its most recent change was a 28.6% cut to $0.250 per share, going ex-dividend on Sep 30, 2024.
Cite this page

SmarterDividends, "ARI Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/ARI

Summary

As of Oct 18, 2026, Apollo Commercial Real Estate Finance, Inc. (ARI) yields 15.67% ($1.00 a year per share) and has a dividend safety grade of D (49/100).

Is ARI a good dividend stock?

Mixed

Apollo Commercial Real Estate Finance, Inc. (ARI) pays a quarterly dividend yielding 15.67% ($1.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (94%)
    • 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
    15.67%
    Payout Ratio
    94%
    Annual Dividend
    $1.00
    5-Yr Avg Growth
    -7.2%
    Ex-Dividend Date
    Oct 30, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    1.48
    Market Cap
    $818.0M
    P/E Ratio
    8.0
    5-Yr Total Return
    -53%
    52-Week Range
    $6.11 – $11.24
    Dividend Safety
    D · 49/100
    Ever Cut?
    Yes (2025)

    ARI dividend raises and cuts

    Apollo Commercial Real Estate Finance, Inc. (ARI) has raised its regular dividend 3 times and cut it 3 times across the 66 payments on record since 2010. Its most recent change was a 28.6% cut to $0.250 per share, going ex-dividend on Sep 30, 2024.

    Ex-dateChangeOld → newMove
    Sep 30, 2024Cut$0.350 → $0.250−28.6%
    Jun 29, 2020Cut$0.400 → $0.350−12.5%
    Mar 30, 2020Cut$0.460 → $0.400−13.0%
    Dec 29, 2015Raise$0.440 → $0.460+4.5%
    Mar 27, 2015Raise$0.400 → $0.440+10.0%
    Sep 28, 2010Raise$0.350 → $0.400+14.3%
    Every ARI payment →Download every raise and cut (CSV)
    ARI ex-dividend date & scheduleNext ex-date Oct 30, 2026 · full ex-dividend historyView →ARI dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is ARI a good dividend stock?

    Mixed. Apollo Commercial Real Estate Finance, Inc. (ARI) pays a quarterly dividend yielding 15.67% ($1.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is ARI undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, ARI's fair value is about $16.56 versus a $6.38 share price — so it looks undervalued (+160% vs. fair value).

    Is ARI's dividend safe?

    ARI has a dividend-safety grade of D (49/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is ARI's fair value?

    Our blended fair-value estimate for ARI is about $16.56 per share, roughly 160% above the current $6.38 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is ARI a buy, hold, or sell?

    We don't issue formal ratings, but on the data ARI screens as "mixed" and undervalued. Apollo Commercial Real Estate Finance, Inc. (ARI) pays a quarterly dividend yielding 15.67% ($1.00/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will ARI cut its dividend?

    ARI earns a dividend-safety grade of D (49/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does ARI pay a dividend?

    Yes. Apollo Commercial Real Estate Finance, Inc. pays a quarterly dividend of about $1.00 per share annually, a forward yield of roughly 15.67%.

    What is ARI's dividend yield?

    As of Oct 18, 2026, ARI's forward dividend yield is 15.67%, based on a $1.00 annual dividend and a $6.38 share price.

    What is ARI's dividend per share?

    As of Oct 18, 2026, ARI pays $1.00 per share per year, distributed on a quarterly basis.

    What is ARI's dividend payout ratio?

    As of Oct 18, 2026, ARI's payout ratio is 94% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has ARI grown its dividend?

    ARI does not currently have a long dividend-growth streak on record.

    When is the next ARI ex-dividend date?

    As of Oct 18, 2026, the next ex-dividend date on record for ARI is Oct 30, 2026.

    Income Calculator

    At $1.00 / yr per share

    Per payment (quarterly)$25.00
    Annual$100.00
    Monthly avg$8.33

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