Apollo Commercial Real Estate Finance, Inc. Announces Preferred Dividends

<p align="justify">NEW YORK, Dec. 12, 2018 (GLOBE NEWSWIRE) -- Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a cash dividend on the Company’s 8.00% Fixed to Floating Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred”) of $0.50 per share for the quarterly period from October 15, 2018 to, but not including, January 15, 2019. The Series B Preferred dividend is payable on January 15, 2019 to Series B Preferred stockholders of record as of December 31, 2018. <br /></p>

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