Apollo Commercial: This 13% May Look Riskier Than It Is
Apollo Commercial Real Estate Finance(ARI) Seeking Alpha·2024-02-23 08:40
designer491 Apollo Commercial Real Estate Finance, Inc. (NYSE:ARI) is a well-managed commercial real estate investment trust with a large portfolio of commercial mortgages. The trust's portfolio value grew in the fourth quarter as its originations exceeded its repayments for the first time in 2023. Though the commercial trust covered its dividend with distributable earnings in the last quarter, I think that dividend risks have slightly increased, primarily because of a lower margin of dividend safety reflec ...