ARI Dividend History & Analysis | 10.2% Yield

ARI has a dividend yield of 10.2% and paid 1 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 10.24%
Payout Ratio 137.0%
Growth Rate CAGR 5y -8.07%
Consistency Lifetime 93.4%
Yield on Cost 5y 14.68%
Payout FCF 272.3%
Streak Years 16
Dividend Rating 36.96%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 30.8%
Total Return 5y: 58.7%

Top Dividend Payers in Mortgage REITs

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
DX 2,796 M 15.6% 20.2%
MFA 990 M 15.1% 17.2%
AGNC 12,671 M 14.7% 17.2%
NLY 16,267 M 13.8% 15.7%
PMT 1,029 M 13.1% 15.7%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
MFA 990 M 39.1% 86.6%
NLY 16,267 M 33.6% 88.5%
IVR 617 M 40.9% 84.4%
ARR 1,959 M 24.5% 81.7%
TWO 1,251 M 24.4% 85.8%

Quality Dividend Peers in Mortgage REITs

NLY
Annaly Capital
 13.76% Yield

ARI Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
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% 3.6%
2024-03-27 2024-03-28 2024-04-15 Quarterly 0.35 0% 3.23%
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% 3.16%
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%
2021-06-29 2021-06-30 2021-07-15 Quarterly 0.35 0% 2.19%
2021-03-30 2021-03-31 2021-04-15 Quarterly 0.35 0% 2.5%
2020-12-30 2020-12-31 2021-01-15 Quarterly 0.35 0% N/A
2020-09-29 2020-09-30 2020-10-15 Quarterly 0.35 0% N/A
2020-06-29 2020-06-30 2020-07-15 Quarterly 0.35 -12.5% N/A
2020-03-30 2020-03-31 2020-04-15 Quarterly 0.4 -13% N/A
2019-12-30 2019-12-31 2020-01-15 Quarterly 0.46 0% N/A
2019-09-27 2019-09-30 2019-10-15 Quarterly 0.46 0% N/A
2019-06-27 2019-06-28 2019-07-15 Quarterly 0.46 0% N/A
2019-03-28 2019-03-29 2019-04-15 Quarterly 0.46 0% N/A
2018-12-28 2018-12-31 2019-01-15 Quarterly 0.46 0% N/A
2018-09-27 2018-09-28 2018-10-15 Quarterly 0.46 0% N/A
2018-06-28 2018-06-29 2018-07-16 Quarterly 0.46 0% N/A
2018-03-28 2018-03-30 2018-04-16 Quarterly 0.46 0% N/A
2017-12-28 2017-12-29 2018-01-16 Quarterly 0.46 0% N/A
2017-09-28 2017-09-29 2017-10-16 Quarterly 0.46 0% N/A
2017-06-28 2017-06-30 2017-07-17 Quarterly 0.46 0% N/A
2017-03-29 2017-03-31 2017-04-17 Quarterly 0.46 0% N/A
2016-12-28 2016-12-30 2017-01-17 Quarterly 0.46 0% N/A
2016-09-28 2016-09-30 2016-10-17 Quarterly 0.46 0% N/A
2016-06-28 2016-06-30 2016-07-15 Quarterly 0.46 0% N/A
2016-03-29 2016-03-31 2016-04-15 Quarterly 0.46 0% N/A
2015-12-29 2015-12-31 2016-01-15 Quarterly 0.46 4.5% N/A
2015-09-28 2015-09-30 2015-10-15 Quarterly 0.44 0% N/A
2015-06-26 2015-06-30 2015-07-15 Quarterly 0.44 0% N/A
2015-03-27 2015-03-31 2015-04-15 Quarterly 0.44 10% N/A
2014-12-29 2014-12-31 2015-01-15 Quarterly 0.4 0% N/A
2014-09-26 2014-09-30 2014-10-15 Quarterly 0.4 0% N/A
2014-06-26 2014-06-30 2014-07-15 Quarterly 0.4 0% N/A
2014-03-27 2014-03-31 2014-04-14 Quarterly 0.4 0% N/A
2013-12-27 2013-12-31 2014-01-13 Quarterly 0.4 0% N/A
2013-09-26 2013-09-30 2013-10-11 Quarterly 0.4 0% N/A

ARI Dividend FAQ

Apollo Commercial Real Estate Finance, Inc. (NASDAQ: ARI) is a REIT that originates, acquires, and manages a portfolio of commercial first-mortgage loans, subordinate financings, and other CRE-related debt instruments. Because it qualifies under the Internal Revenue Code as a REIT, it avoids federal corporate income tax provided it distributes at least 90 % of its taxable income to shareholders.

What is the Dividend Yield of ARI?

As of February 2026, ARI`s dividend yield is 10.24%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 1.00 USD by the current share price of 10.80.

Does ARI pay a dividend?

As of February 2026, ARI paid a dividend of 1.00 USD in the last 12 months. The last dividend was paid on 2025-12-31 and the payout was 0.25 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 2025-12-31.

ARI dividend forecast

Based on historical data, the forecasted dividends per share for ARI for the next 4 payments are between 0.234 (-6.4%) and 0.257 (+2.8%).
This suggests the dividend will remain relatively stable.

Will ARI pay dividends in 2026?

The latest dividend paid per share was 0.25 USD with an Ex-Dividend Date of 2025-12-31. The next Ex-Dividend date for Apollo Commercial Real (ARI) is currently unknown.

What is the next Ex-Dividend Date for ARI?

The next Ex-Dividend date for Apollo Commercial Real (ARI) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of ARI?

ARI's average dividend growth rate over the past 5 years is -8.07% per year.
Negative growth: ARI's Dividend growth is negative and declining.

What is the Yield on Cost of ARI?

ARI's 5-Year Yield on Cost is 14.7%. If you bought ARI's shares at 6.81 USD five years ago, your current annual dividend income (1.00 USD per share, trailing 12 months) equals 14.7% of your original purchase price.

What is the Payout Consistency of ARI?

ARI Payout Consistency is 93.4%. 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 10.24% Dividend Yield is considered as very high. This is usually only sustainable for REITs, Asset Managements, MLPs or Covered Call ETFs.

What is the Dividend Payout Ratio of ARI?

The Dividend Payout Ratio of ARI is 137.0%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of ARI?

ARI`s Overall Dividend Rating is 36.96%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

ARI Outstanding Shares Analysis

What is the Trend in ARI's Outstanding Shares?

Apollo Commercial Real's outstanding shares have decreased by approximately 0.57% annually over the past 3 years (Trend Reliability: -100.0%).

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
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 163,900,600 +51.63%
2019 182,070,300 +11.09%
2020 170,792,700 -6.19%
2021 170,884,200 +0.05%
2022 140,596,000 -17.72%
2023 141,280,900 +0.49%
2024 139,674,000 -1.14%
2025 139,667,100 -0%

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: 2026-02-05 02:39