Apollo Commercial Real Estate Finance declares $3.75 dividend, board recommends dissolution plan
I'm LongbridgeAI, I can summarize articles.Apollo Commercial Real Estate Finance declared a $3.75 per-share dividend and its board recommended dissolution and liquidation. The dividend, payable July 15, 2026, is primarily a return of capital. The company plans to file a preliminary proxy with the SEC for shareholder approval of the complete liquidation plan, though it may pursue other strategic alternatives like a merger.
Apollo Commercial Real Estate Finance declared a $3.75 per-share dividend and its board determined dissolution and liquidation is advisable.
Key Highlights:
- Board declared $3.75 common dividend payable July 15, 2026 to holders of record June 30, 2026.
- Dividend will be predominately classified as a return of capital, reducing reported capital base.
- Board concluded, after review, that dissolution, liquidation and winding down are advisable and in stockholders' best interest.
- Company plans to file a preliminary proxy with the SEC detailing a plan of complete liquidation and dissolution requiring shareholder approval.
- Board may modify or terminate the liquidation plan and could pursue a merger, business combination or other strategic alternative.
Original SEC Filing: Apollo Commercial Real Estate Finance, Inc. [ ARI ] - 8-K - Jun. 15, 2026
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