ARI (Apollo Commercial Real Estate Finance) Dividend Payout Ratio: 1.56 (As of Mar. 2026) — 61% Above Median


ARI Apollo Commercial Real Estate Finance Inc ARI
56 GF Score
Price $10.78
GF Value $9.69
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Apollo Commercial Real Estate Finance Dividend Payout Ratio?

Apollo Commercial Real Estate Finance ARI +0.09% 56 Dividend Payout Ratio is 1.56 as of Mar. 2026, which is 61% above its 10-year median of 0.97. GuruFocus rates ARI with a GF Score™ of 56/100 and a GF Value™ of $9.69 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 717 REITs companies, Apollo Commercial Real Estate Finance ranks worse than 68.48% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Apollo Commercial Real Estate Finance's Dividend Payout Ratio for the months ended in Mar. 2026 was 1.56.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Apollo Commercial Real Estate Finance Inc is 1.30, which seems too high.

The historical rank and industry rank for Apollo Commercial Real Estate Finance's Dividend Payout Ratio or its related term are showing as below:

ARI' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.83   Med: 0.97   Max: 4.88
Current: 1.3

During the past 13 years, the highest Dividend Payout Ratio of Apollo Commercial Real Estate Finance was 4.88. The lowest was 0.83. And the median was 0.97.

ARI's Dividend Payout Ratio is ranked worse than
68.48% of 717 companies
in the REITs industry
Industry Median: 0.99 vs ARI: 1.30

As of today (2026-06-28), the Dividend Yield % of Apollo Commercial Real Estate Finance is 9.28%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Apollo Commercial Real Estate Finance was 33.52%. The lowest was 8.45%. And the median was 10.53%.

Apollo Commercial Real Estate Finance's Dividends per Share for the months ended in Mar. 2026 was $0.25.

During the past 12 months, Apollo Commercial Real Estate Finance's average Dividends Per Share Growth Rate was -9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -10.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -6.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was -5.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Apollo Commercial Real Estate Finance was 4.80% per year. The lowest was -10.60% per year. And the median was 0.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Apollo Commercial Real Estate Finance (NYSE:ARI) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Apollo Commercial Real Estate Finance Dividend Payout Ratio Related Terms

Apollo Commercial Real Estate Finance Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Apollo Commercial Real Estate Finance's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Apollo Commercial Real Estate Finance Dividend Payout Ratio Chart

Apollo Commercial Real Estate Finance Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.83 4.88 0.00 1.24

Apollo Commercial Real Estate Finance Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.56 2.08 0.83 1.32 1.56

ARI vs ORC, LADR, TWO: Dividend Payout Ratio Comparison

For the REIT - Mortgage subindustry, Apollo Commercial Real Estate Finance's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Apollo Commercial Real Estate Finance Dividend Payout Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Apollo Commercial Real Estate Finance's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Apollo Commercial Real Estate Finance's Dividend Payout Ratio falls into.


ARI
56GF Score
Apollo Commercial Real Estate Finance Inc ARI
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Commercial Real Estate Finance Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Apollo Commercial Real Estate Finance's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=1/ 0.81
=1.23

Apollo Commercial Real Estate Finance's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0.25/ 0.16
=1.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 1.56 mean?
Apollo Commercial Real Estate Finance (ARI) has a Dividend Payout Ratio of 1.56 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Apollo Commercial Real Estate Finance and its competitors. This is 61% above median its historical median of 0.97. Over the past decade, Apollo Commercial Real Estate Finance's Dividend Payout Ratio has ranged from 0.83 to 4.88. According to the industry distribution chart, Apollo Commercial Real Estate Finance ranks #491 out of 717 companies in the REITs industry, placing it in the top 68.5%.
Is Apollo Commercial Real Estate Finance's Dividend Payout Ratio too high?
Apollo Commercial Real Estate Finance's current Dividend Payout Ratio of 1.56 is 61% above median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 4.88. The REITs industry median Dividend Payout Ratio is 0.99. Apollo Commercial Real Estate Finance's value of 1.56 is 57.6% above this industry median. Based on the distribution chart, Apollo Commercial Real Estate Finance ranks #491 out of 717 companies in the REITs industry, which is below the industry midpoint. Overall, Apollo Commercial Real Estate Finance has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Commercial Real Estate Finance's Dividend Payout Ratio compare to ORC and LADR?
According to the REITs industry distribution chart, Apollo Commercial Real Estate Finance ranks #491 out of 717 companies for Dividend Payout Ratio. This places Apollo Commercial Real Estate Finance in the lower half of its industry. The industry median Dividend Payout Ratio is 0.99. Apollo Commercial Real Estate Finance's value of 1.56 is 57.6% above this benchmark. Historically, Apollo Commercial Real Estate Finance's own Dividend Payout Ratio has ranged from 0.83 to 4.88 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.99, Apollo Commercial Real Estate Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a REITs company?
The median Dividend Payout Ratio among REITs companies is 0.99, based on 717 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apollo Commercial Real Estate Finance's current Dividend Payout Ratio of 1.56 is 57.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Apollo Commercial Real Estate Finance and its competitors. For the REITs industry, the median Dividend Payout Ratio is 0.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Commercial Real Estate Finance's current Dividend Payout Ratio is 1.56, which is 61% above median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Commercial Real Estate Finance stock overvalued right now?
Based on GuruFocus' analysis, Apollo Commercial Real Estate Finance (ARI) is currently considered Modestly Overvalued. The stock's GF Value™ is $9.69, compared to a current price of $10.78 — trading 11.2% above its estimated fair value. The current Dividend Payout Ratio is 1.56, which is 61% above median its 10-year median of 0.97 and 57.6% above the REITs industry median of 0.99. Apollo Commercial Real Estate Finance's overall GF Score™ is 56/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Apollo Commercial Real Estate Finance (ARI), the current Dividend Payout Ratio is 1.56 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Apollo Commercial Real Estate Finance (ARI) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Commercial Real Estate Finance stock appears to be overvalued. The current stock price of $10.78 is trading 11.2% above its estimated GF Value™ of $9.69. GuruFocus considers Apollo Commercial Real Estate Finance to be Modestly Overvalued.

Key valuation signals for ARI:

  • Dividend Payout Ratio: 1.56 (61% above median its 10-year median of 0.97)
  • GF Value™: $9.69 vs. price of $10.78 (11.2% above fair value)
  • GF Score™: 56/100 with 10 warning signs
  • Industry Position: 57.6% above the REITs median (#491 of 717)

No single metric tells the full story. See the ARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Apollo Commercial Real Estate Finance Business Description

Industry Real EstateREITs
Other Exchanges 9A1:Germany
Address c/o Apollo Global Management, Inc, 9 West 57th Street, 42nd Floor, New York, NY, USA, 10019
Apollo Commercial Real Estate Finance Inc is a real estate investment trust that 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.
56GF Score

Get the complete analysis for ARI

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.78
Price
$9.69
GF Value