Apollo Commercial Real Estate Finance, Inc. dividend history

Apollo Commercial Real Estate Finance, Inc.'s dividend was $1.00 a share in fiscal 2025, down 16.7% on the year before. That was 111.5% of net income.

Dividends, buybacks and capital spending

FY2026 Q2 TTM

Buybacks (TTM): $124M
Dividends (TTM): $141M
Returned to shareholders: 369%; of free cash flow
Buybacks, last 3 fiscal years: $40.8M
Diluted share count: −1.1%; year over year
Total shareholder yield: 89.3%; dividends 47.6% + buybacks 41.7% of market value
Dividend payout ratio: 107%; of net income paid out

Dividends by fiscal year

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Apollo Commercial Real Estate Finance, Inc.: dividends by fiscal year, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Dividend per share	$1.84	$1.45	$1.40	$1.40	$1.40	$1.20	$1.00	—
Dividend per share growth	—	−21.2%	−3.4%	0.0%	0.0%	−14.3%	−16.7%	—
Dividends paid	269	238	200	201	202	186	141	141
Share buybacks	0	128	0	0	0	41	0	124
Dividends ÷ net income	117.0%	>999%	89.3%	75.6%	347.5%	—	111.5%	106.8%

Dividend per share is the amount declared for the fiscal year as stated in the company's filings (including any special dividend), restated for stock splits and checked against the cash dividends paid. Dividends paid and buybacks are cash amounts; the last-twelve-months column can include an extra payment when a quarter-end date moves.

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Figures from Apollo Commercial Real Estate Finance, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Apollo Commercial Real Estate Finance, Inc.