Dividends

Upcoming ex-dividend dates, recent cuts and initiations across 10+ years of US dividend history.
APOLLO COMMERCIAL REAL ESTATE FINANCE (ARI) — Dividend Profile
Real Estate·Real Estate Investment Trusts
11y payment streak1y growth streakActiveQuarterly
Forward Yield
9.23%
@ $10.84
TTM Yield
9.23%
Forward Annual
$1.00
Quarterly
Market Cap
$1.5b
Payout (FCF)
557%
0.2x covered
Payout (Earnings)
136%
Latest Amount
$0.2500
Ex 2026-03-31
3y CAGR
-43.7%
5y CAGR
-29.1%
10y CAGR
-15.7%
Next Ex-Date
Last recorded cut on or near 2024-12-31.
Dividend Safety Forensics
Composite of six quantitative scores plus a 5-point yield-trap framework. Each axis contributes independently; the overall label is the aggregate.
Forensics: WarningYield Trap: Red2 of 6 red flags · 3 of 5 trap signals
Score breakdown
Altman Z (bankruptcy)
Distance from bankruptcy. Safe > 2.99, Distress < 1.81.
Distress (0.03)
Ohlson O (default prob)
Estimated 1-year probability of financial distress.
High (82.7%)
Piotroski F-Score
Fundamental quality (9 binary criteria). 7+ strong, 3- weak.
5/9 (Moderate)
Beneish M (manipulation)
Detects accounting manipulation signals in earnings.
Clean
Dividend Safety (EQ)
Composite from payout ratio, FCF coverage, accrual quality.
Danger
FCF Coverage
Free cash flow divided by dividends. 2.0× = strong cushion.
0.18×
Yield-trap signals (5-point Benzinga framework)
Payout > 100%
Paying out more than it earns over TTM.
⚠ Fired
FCF coverage < 1.0×
Free cash flow doesn't fully cover the dividend.
⚠ Fired
Yield > 2× sector median
Yield well above peers — often a sign of price collapse, not premium income.
✓ OK
High leverage (D/E > 2)
Debt-to-equity above 2× — limits flexibility if cash flow dips.
⚠ Fired
6m return < -25%
Current 6m return: +11.4%
✓ OK
Annual dividends per share
Sum of recurring per-share payments per calendar year. Current year is partial.
Cumulative per-share payments
Full dividend history (37)
Ex-DateAmountFrequencyPay DateType
2026-03-31$0.2500Quarterly2026-04-15recurring
2025-12-31$0.2500Quarterly2026-01-15recurring
2025-09-30$0.2500Quarterly2025-10-15recurring
2025-06-30$0.2500Quarterly2025-07-15recurring
2025-03-31$0.2500Quarterly2025-04-15recurring
2024-12-31$0.2500Quarterly2025-01-15recurring
2024-06-28$0.3500Quarterly2024-07-15recurring
2024-03-27$0.3500Quarterly2024-04-15recurring
2023-12-28$0.3500Quarterly2024-01-12recurring
2023-09-28$0.3500Quarterly2023-10-13recurring
2023-06-29$0.3500Quarterly2023-07-14recurring
2023-03-30$0.3500Quarterly2023-04-14recurring
2022-12-29$0.3500Quarterly2023-01-13recurring
2022-09-29$0.3500Quarterly2022-10-14recurring
2022-06-29$0.3500Quarterly2022-07-15recurring
2022-03-30$0.3500Quarterly2022-04-15recurring
2021-12-30$0.3500Quarterly2022-01-15recurring
2021-09-29$0.3500Quarterly2021-10-15recurring
2021-06-29$0.3500Quarterly2021-07-15recurring
2021-03-30$0.3500Quarterly2021-04-15recurring
2020-09-29$0.3500Quarterly2020-10-15recurring
2020-06-29$0.3500Quarterly2020-07-15recurring
2020-03-30$0.4000Quarterly2020-04-15recurring
2019-12-30$0.4600Quarterly2020-01-15recurring
2019-09-27$0.4600Quarterly2019-10-15recurring
2019-06-27$0.4600Quarterly2019-07-15recurring
2019-03-28$0.4600Quarterly2019-04-15recurring
2018-12-28$0.4600Quarterly2019-01-15recurring
2018-09-27$0.4600Quarterly2018-10-15recurring
2018-06-28$0.4600Quarterly2018-07-16recurring
2018-03-28$0.4600Quarterly2018-04-16recurring
2017-09-28$0.4600Quarterly2017-10-16recurring
2017-06-28$0.4600Quarterly2017-07-17recurring
2017-03-29$0.4600Quarterly2017-04-17recurring
2016-12-28$0.4600Quarterly2017-01-17recurring
2016-09-28$0.4600Quarterly2016-10-17recurring
2016-06-28$0.4600Quarterly2016-07-15recurring