Apollo Commercial Real Estate Finance, Inc. reported results for the quarter and year ended December 31, 2022. The senior floating rate loan portfolio produced stable Distributable Earnings comfortably in excess of the common stock dividend.
Net income (loss) attributable to common stockholders per diluted share of common stock was ($0.06).
Distributable Earnings per share of common stock was $0.31.
Distributable Earnings prior to realized gains (losses) on real estate owned and investments per share of common stock was $0.48.
ARI's portfolio remains well positioned to continue generating Distributable Earnings in excess of the common stock dividend.
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