Apollo Commercial Real Estate Finance Stock To Go Ex-dividend Tomorrow (ARI)

NEW YORK ( TheStreet) -- The ex-dividend date for Apollo Commercial Real Estate Finance (NYSE: ARI) is tomorrow, June 27, 2012. Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $16.39 as of 9:30 a.m. ET, the dividend yield is 9.8%.

The average volume for Apollo Commercial Real Estate Finance has been 130,600 shares per day over the past 30 days. Apollo Commercial Real Estate Finance has a market cap of $336.7 million and is part of the financial sector and real estate industry. Shares are up 24.7% year to date as of the close of trading on Monday.

Apollo Commercial Real Estate Finance, Inc. operates as a commercial real estate finance company in the United States. The company has a P/E ratio of 11, equal to the average real estate industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Apollo Commercial Real Estate Finance as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and attractive valuation levels. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Apollo Commercial Real Estate Finance Ratings Report.

See our dividend calendar or top-yielding stocks list.

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