Apollo Commercial Real Est. Finance (NYSE:ARI) declared a quarterly dividend on Wednesday, February 27th. Shareholders of record on Friday, March 29th will be given a dividend of $0.40 per share on Friday, April 12th. This represents a $1.60 dividend on an annualized basis and a yield of 9.10%.

On a related note, analysts at TheStreet upgraded shares of Apollo Commercial Real Est. Finance from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, February 12th.

Apollo Commercial Real Est. Finance (ARI) traded up 1.32% on Wednesday, hitting $17.59. Apollo Commercial Real Est. Finance (ARI) has a 1-year low of $14.79 and a 1-year high of $18.27. The stock’s 50-day moving average is currently $17.42. The company has a market cap of $369.2 million and a price-to-earnings ratio of 9.54.

Apollo Commercial Real Est. Finance last released its earnings data on Thursday, February 28th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.30 by $0.03. During the same quarter in the previous year, the company posted $0.39 earnings per share.

Apollo Commercial Real Estate Finance, Inc. (ARI) is a real estate investment trust (REIT). The Company originates, acquires, invests in and manages senior performing commercial mortgage loans, commercial mortgage-backed securities (CMBS) and other commercial real estate-related debt investments in the United States.