Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend and Provides Update on Review of Strategic Alternatives

Apollo Commercial Real Estate Finance (ARI) announced a quarterly dividend of $3.75 per share and revealed that its board of directors has determined that dissolving the company, liquidating its assets, and winding down operations are in the best interest of stockholders. The decision follows a comprehensive review of strategic alternatives after the successful completion of a loan portfolio sale in April. The company will seek stockholder approval to proceed with the dissolution plan.