Real Estate

ARI Pays a $0.35 Dividend 2023

On March 14, 2023, Apollo Commercial Real Est. Finance announced that its board of directors has authorized a quarterly dividend payment of $0.35 per share ($1.40 annually). Shareholders were previously given $0.35.

To receive the dividend, investors must acquire shares before the ex-div date of March 30, 2023. Payment will be made on April 14, 2023 to shareholders of record as of March 31, 2023.

The dividend yield on this stock is 15.02% at the current price of $9.32 a share. Taking a sample once a week over the past five years, we find that dividend yields have ranged from a low of 8.46% to a high of 30.82%, with an average of 11.55 %. In terms of returns, the standard deviation is 3.38 (n=236 total).

In comparison to previous dividend yields, the present one is 1.03 standard deviations higher.

Moreover, the dividend payout ratio for the firm is 0.75. The percentage of a company’s profits are distributed as dividends may be calculated using the payout ratio. If a corporation has a payout ratio of one (1.0), all of its profits are distributed as dividends. In order to keep paying its dividend, a firm with a payout ratio above one is using its cash reserves, which is not a good financial practice. Businesses with little growth potential are often expected to distribute the majority of their profits as dividends (a payout ratio of 0.5 to 1.0). For companies with promising future development, a payout ratio of zero to half is the norm, since this allows for the maximum amount of capital to be reinvested in the business.

The dividend growth rate over the past three years is -0.24%.

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A 29.51% Price Increase Is Expected, According to Analysts

The consensus one-year price estimate for Apollo Commercial Real Est. Financing as of March 16, 2023 is $12.07. The estimates are in a band from $11.62 to $12.60. From its last closing price of $9.32, the average price forecast is a 29.51% rise.

See the top gainers on our list of firms with high price targets.

Apollo Commercial Real Est. Finance expects $310M in yearly sales, down 3.43 percent from last year. To put it another way, we expect $1.51 in annual non-GAAP EPS.

Where can I find out the sentiment of the fund?

It has been reported by 465 different institutions and/or funds that they have holdings in Apollo Commercial Real Est. Financing. The number of owners has gone up by 24 during the past three months, or by 5.44%. Total allocations to ARI now make up 0.12%, or 9.555%, of average portfolio weight. Institutional ownership has grown over the past three months, adding 88226k shares. ARI’s put/call ratio is 7.17, suggesting a negative bias in the market.

In other words, what are the major stockholders doing?

Institutional investors hold 9,585,000 shares of ARI/Apollo Commercial Real Estate Finance Inc (6.79% of the firm) through IJR – iShares Core S&P Small-Cap ETF. The company now claims 9,463K shares, an increase of 1.28% over its last disclosure. Over the last quarter, the company boosted its ARI holdings in its portfolio by 19.46%.

The 3,060,000 shares owned by VTSMX – Vanguard Total Stock Market Index Fund Investor Shares are equivalent to 3.06% of the company’s total shares outstanding. Up by 1.38% from its previous filing, the company now owns 4,261K shares. During the past three months, the company’s ARI holdings have grown in the portfolio by 21.39 percent.

There are 3,622k shares of stock in the firm that are owned by NAESX – Vanguard Small-Cap Index Fund Investor Shares, which gives the fund 2.56% of the company. The company now owns 3,566K shares, a 1.54% increase over its last filing. Over the last quarter, the company boosted its ARI holdings in its portfolio by 21.90%.

With its 3,228k shares, IWM – iShares Russell 2000 ETF controls 2.28 percent of the firm. On its last filing, the company indicated it had 3,109K shares, an increase of 3.67 percent over its previous disclosure. The company’s allocation to ARI in its portfolio rose by 21.88% during the most recent reporting period.

With its 3,000,000 share holdings, Allspring Global Investments Holdings controls 2.12% of the firm. There was a rise of 0.84 percent from the company’s last filing, when it reported 2,974k shares owned. In comparison to the previous quarter, the company’s ARI holdings have been reduced by 46.33 percent.

Listed on the New York Stock Exchange under the ticker symbol “ARI,” Apollo Commercial Real Estate Finance, Inc. is a REIT whose primary business is the sourcing, acquisition, investment, and management of performing commercial first mortgage loans, subordinate financings, and other debt investments related to commercial real estate. ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment manager with roughly $433 billion in assets under management as of September 30, 2020, provides management and advice to the Company on an external basis.

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