Apollo Commercial Real Estate Finance, Inc. Announces Dividend and Plan for Dissolution

Apollo Commercial Real Estate Finance, Inc. (ARI) announced a quarterly dividend of $3.75 per share, payable on July 15, 2026, predominantly classified as a return of capital. Following a review of strategic alternatives, the Board of Directors has determined that dissolving the company, liquidating its assets, and winding down its operations is in the best interest of the company and its stockholders. ARI will seek stockholder approval for a plan of complete liquidation and dissolution, which involves selling remaining properties and distributing net proceeds. The Board retains the discretion to modify or terminate this plan, potentially pursuing alternatives like a merger or business combination. The company will file a preliminary proxy statement with the SEC detailing the liquidation plan. ARI, a real estate investment trust, is externally managed by ACREFI Management, LLC, an indirect subsidiary of Apollo Global Management, Inc.