ARI - Apollo Commercial Real Estate Finance Inc. Announces 2023 Dividend Income Tax Treatment | Benzinga
NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the "Company" or "ARI") (NYSE:ARI) today announced the estimated federal income tax treatment of the Company's 2023 distributions on its common stock (CUSIP #03762U105) and its 7.25% Series B-1 Cumulative Redeemable Perpetual Preferred Stock.
The federal income tax classification of the 2023 distributions on the Company's common stock as it is expected to be reported on Form 1099-DIV is set forth in the following table ($ per share):
| Record Date |
| Payable Date |
| Total Distribution Per Share |
| Ordinary Dividend |
| Qualified Dividend |
| Non-dividend Distribution |
| Section 199A Dividend(1) |
| 12/30/2022 |
| 01/13/2023 |
| $0.231500 |
| $0.194563 |
| $0.001835 |
| $0.036937 |
| $0.192728 |
| 03/31/2023 |
| 04/14/2023 |
| $0.350000 |
| $0.294156 |
| $0.002774 |
| $0.055844 |
| $0.291382 |
| 06/30/2023 |
| 07/14/2023 |
| $0.350000 |
| $0.294156 |
| $0.002774 |