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 |