Source: Benzinga

Apollo Commercial Real Estate Finance: Apollo Commercial Real Estate Finance, Inc. Announces 2024 Dividend Income Tax Treatment

NEW YORK, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the estimated federal income tax treatment of the Company's 2024 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock.The federal income tax classification of the 2024 distributions on the Company's common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share):Record DatePayable DateTotal Distribution Per ShareOrdinary DividendQualified DividendNon-dividend DistributionSection 199A Dividend(1)12/29/202301/12/2024$0.35000$0.151978$0.009218$0.198022$0.14276003/28/202404/15/2024$0.35000$0.151978$0.009218$0.198022$0.14276006/28/202407/15/2024$0.35000$0.151978$0.009218$0.198022$0.14276009/30/2024

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Annual Revenue
$100-500M
Employees
1-25
Stuart A. Rothstein's photo - President & CEO of Apollo Commercial Real Estate Finance

President & CEO

Stuart A. Rothstein

CEO Approval Rating

90/100

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