ARI Dividend History & Analysis | 42.9% Yield

ARI has a dividend yield of 42.9% and paid 4.5 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 42.86%
Payout Ratio 7.8%
Growth Rate CAGR 5y 0.8%
Consistency Lifetime 92.6%
Yield on Cost 5y 77.4%
Payout FCF -
Streak Years -
Dividend Rating 56.2%
Chowder Number yield + growth 43.7% meets 12% target for healthy growth
Yield vs Average 5y +237% avg 12.72% vs now 42.86%
Debt / EBITDA leverage 13.2x elevated
Income per 10k invested 4,286 USD per year
Ex-Dividend in 2 days: Buy before Jul 16, 2026 to receive the next dividend.
Dividends Cash Amount per Share Yearly ARI annual dividends paid per share, showing the total cash Apollo Commercial Real distributed to shareholders each year.
Dividend Growth Year over Year ARI year-over-year dividend growth rate, showing how Apollo Commercial Real's dividend per share increased or decreased each year compared to the prior year.
Price and Yield per Payout History ARI dividend yield history versus share price over the past 5 years, showing how Apollo Commercial Real's payout yield moved at each dividend payment relative to its stock price.
┅┅ Payout Yield (right) Price (left)

Top Dividend Payers in Mortgage REITs

Top 9 Dividend Yields of Peer-Group
SYMBOL MARKET CAP USD YIELD TTM YIELD ON COST 5y
ARI NYSE
Apollo Commercial Real
1,347 M 42.86% 77.38%
DX NYSE
Dynex Capital
2,834 M 15.63% 20.87%
MFA NYSE
MFA Financial
946 M 15.44% 15.22%
AGNC NASDAQ
AGNC Investment
12,822 M 13.87% 16.97%
NLY NYSE
Annaly Capital Management
16,839 M 13.33% 15.68%
EFC NYSE
Ellington Financial
1,690 M 11.90% 15.91%
TRTX NYSE
TPG RE Finance Trust
651 M 11.46% 12.66%
STWD NYSE
Starwood Property Trust
6,257 M 10.85% 11.79%
LADR NYSE
Ladder Capital
1,238 M 8.82% 12.19%
Top 3 Dividend Growth Rates of Peer-Group
SYMBOL MARKET CAP USD GROWTH RATE CONSISTENCY
DX NYSE
Dynex Capital
2,834 M 7.60% 98.0%
LADR NYSE
Ladder Capital
1,238 M 1.77% 98.3%
ARI NYSE
Apollo Commercial Real
1,347 M 0.80% 92.6%

ARI Dividend History

Dividend Monthly Return EX date, 4.8 years of data

Jan - -
Feb - -
Mar 2.92% 100
Apr - -
May - -
Jun 9.62% 100
Jul - -
Aug - -
Sep 3.00% 100
Oct - -
Nov - -
Dec 2.86% 100

Average monthly dividend return by ex-dividend date. The score below shows reliability based on how consistently dividends were paid in that month.

Last 21 Payments (USD) as of July 2026
EX-DATE RECORD PAYMENT PERIOD DIV/SHARE GROWTH PAYOUT YIELD
2026-07-16 2026-06-30 2026-07-15 Quarterly 3.75 0% N/A
2026-06-30 2026-06-30 2026-07-15 Quarterly 3.75 +1400% 35.38%
2026-03-31 2026-03-31 2026-04-15 Quarterly 0.25 0% 2.39%
2025-12-31 2025-12-31 2026-01-15 Quarterly 0.25 0% 2.58%
2025-09-30 2025-09-30 2025-10-15 Quarterly 0.25 0% 2.51%
2025-06-30 2025-06-30 2025-07-15 Quarterly 0.25 0% 2.6%
2025-03-31 2025-03-31 2025-04-15 Quarterly 0.25 0% 2.67%
2024-12-31 2024-12-31 2025-01-15 Quarterly 0.25 0% 2.91%
2024-09-30 2024-09-30 2024-10-15 Quarterly 0.25 -28.6% 2.73%
2024-06-28 2024-06-28 2024-07-15 Quarterly 0.35 0% 3.61%
2024-03-27 2024-03-28 2024-04-15 Quarterly 0.35 0% 3.24%
2023-12-28 2023-12-29 2024-01-12 Quarterly 0.35 0% 2.87%
2023-09-28 2023-09-29 2023-10-13 Quarterly 0.35 0% 3.5%
2023-06-29 2023-06-30 2023-07-14 Quarterly 0.35 0% 3.17%
2023-03-30 2023-03-31 2023-04-14 Quarterly 0.35 0% 3.81%
2022-12-29 2022-12-30 2023-01-13 Quarterly 0.35 0% 3.29%
2022-09-29 2022-09-30 2022-10-14 Quarterly 0.35 0% 3.9%
2022-06-29 2022-06-30 2022-07-15 Quarterly 0.35 0% 3.38%
2022-03-30 2022-03-31 2022-04-15 Quarterly 0.35 0% 2.47%
2021-12-30 2021-12-31 2022-01-15 Quarterly 0.35 0% 2.66%
2021-09-29 2021-09-30 2021-10-15 Quarterly 0.35 0% 2.33%

ARI Dividend FAQ

What is the Dividend Yield of ARI?

As of July 2026, ARI's dividend yield is 42.86%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 4.50 USD by the current share price of 10.43.

Does ARI pay a dividend?

As of July 2026, ARI paid a dividend of 4.50 USD in the last 12 months. The last dividend was paid on 2026-07-16 and the payout was 3.75 USD.

How often does ARI pay dividends?

ARI pays dividends quarterly. Over the last 12 months, ARI has issued 4 dividend payments. The last dividend payment was made on 2026-07-16.

ARI dividend forecast

Based on historical data, the forecasted dividends per share for ARI for the next payments are between 0.62 (-83.5%) and 1.169 (-68.8%). This represents a significant dividend cut compared to the last payment. The expected Yield for the next 12 months is about 35.0%.

Will ARI pay dividends in 2026?

The latest dividend paid per share was 3.75 USD with an Ex-Dividend Date of 2026-07-16. The next Ex-Dividend date for Apollo Commercial Real (ARI) is 2026-07-16.

What is the next Ex-Dividend Date for ARI?

The next Ex-Dividend date for Apollo Commercial Real (ARI) is 2026-07-16.

What is the Dividend Growth of ARI?

ARI's average dividend growth rate over the past 5 years is 0.80% per year. Weak growth: ARI's dividend growth is lower than inflation.

What is the Yield on Cost of ARI?

ARI's 5-Year Yield on Cost is 77.4%. If you bought ARI's shares at 5.82 USD five years ago, your current annual dividend income (4.50 USD per share, trailing 12 months) equals 77.4% of your original purchase price.

What is the Payout Consistency of ARI?

ARI Payout Consistency is 92.6%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number. Very consistent: Apollo Commercial Real has a strong track record of consistent dividend payments over its lifetime.

Does ARI have a good Dividend Yield?

ARI's 42.86% Dividend Yield is considered as exceptionally high. Investors should watch out for NAV decline.

What is the Dividend Payout Ratio of ARI?

The Dividend Payout Ratio of ARI is 7.8%. Very low - Often a strong indicator of potential dividend growth.

What is the Dividend Rating of ARI?

ARI's Overall Dividend Rating is 56.16%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ARI Outstanding Shares Analysis

The Chart shows the outstanding shares over time per year.
What is the Trend in ARI's Outstanding Shares?

Apollo Commercial Real's outstanding shares have decreased by approximately 0.5% annually over the past 3 years (Trend Reliability: -20.0%). Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has ARI ever had a Stock Split?

No stock splits on record. The share count changes shown above reflect buybacks, new issuance, or employee compensation rather than structural splits.

YEAR NUMBER OF SHARES ANNUAL GROWTH RATE
2009 10,500,000 0%
2010 17,670,800 +68.29%
2011 20,966,400 +18.65%
2012 27,297,600 +30.2%
2013 37,341,100 +36.79%
2014 50,171,700 +34.36%
2015 67,754,700 +35.05%
2016 83,548,800 +23.31%
2017 108,096,000 +29.38%
2018 133,852,900 +23.83%
2019 153,537,100 +14.71%
2020 170,792,700 +11.24%
2021 170,884,200 +0.05%
2022 140,596,000 -17.72%
2023 141,280,900 +0.49%
2024 138,174,600 -2.2%
2025 138,943,800 +0.56%
2026 139,709,800 +0.55%

Key Metric Definitions

Dividend Yield

Annual dividend per share divided by current share price.

Payout Ratio

Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.

Payout FCF

Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.

Growth Rate (CAGR)

Compound annual growth rate of dividends over the last 5 years.

Consistency

Reliability of dividend payments over lifetime. Penalizes cuts and pauses.

Yield on Cost

Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.

Streak

Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.

Dividend Rating

Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-07-07 02:36 UTC