Company: Apollo Commercial Real Estate Finance Inc. (ARI)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Apollo Commercial Real Estate Finance Inc is a real estate investment trust that primarily originates, invests in, acquires, and manages commercial first-mortgage loans, subordinate financings, commercial mortgage-backed securities, and other real estate-related debt investments. The subordinate loans and first-mortgage loans account for the vast majority of the portfolio on a cost basis. Property types include residential, retail, healthcare, office, mixed-use, hotel, industrial, multifamily, securities, and other, with residential properties and hotels representing the highest property value. More than a third of the properties are located in New York City, with the other properties located across other regions of the United States, as well as other countries. -Morningstar.com-
Symbol: ARI
Recent Price: $10.15
Dividends: $1.40
Yield: 13.79%
Sector: Real Estate
Industry: REIT-Mortgage
Address & Company Phone #: 9 West 57th Street 43rd Floor New York NY 10019, 212-515-3200
Transfer Agent: Equiniti Group plc. 800-468-9716
Moody’s Rating: Ba3
Minimum & Maximum Investment: $100 – $10,000/month
Investment Dates: Weekly
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $12.74, $9.22