Apollo Commercial Real Estate Finance, Inc. (ARI) is an interesting REIT income vehicle for investors that desire high, recurring dividend income and that want to bet on the strongly performing U.S. commercial real estate market. The commercial real estate finance company has invested heavily in floating-rate assets in recent years, which are poised to throw off more net interest income, or NII, as the Fed lifts short-term interest rates. The company about covers its dividend with core earnings. Shares are still affordable, and throw off a 9.8 percent dividend yield.
Portfolio Snapshot
Apollo