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Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend

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NEW YORK, Sep 16, 2020 (GLOBE NEWSWIRE via COMTEX) —
NEW YORK, Sept. 16, 2020 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on October 15, 2020 to common stockholders of record on September 30, 2020.

About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment manager with approximately $414 billion

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3 Reasons Not to Sell ExxonMobil Stock

ExxonMobil‘s (NYSE:XOM) troubles don’t seem to be ending. Rising debt levels and mega capital spending plans in an unfavorable oil price environment led to a steep fall in the stock’s price over the past few years. Its removal from the Dow Jones Industrial Average Index has further aggravated investors’ concerns about the oil giant, which at one time was the largest listed company by market capitalization. ExxonMobil stock has fallen more than 40% in 2020. But there are reasons why you shouldn’t sell this stock just now.

1. A stronger balance sheet than global peers

One key factor that contributed to ExxonMobil’s survival for more than 100 years is its financial discipline. With rising debt levels recently, though, investors are concerned that ExxonMobil isn’t keeping up on this front. Consistently low oil and gas prices have impacted the company’s earnings in the last few years, but it has proceeded

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Tesla to Sell Up to $5 Billion in Stock

Tesla Inc.


TSLA 2.78%

said it planned to raise up to $5 billion through stock offerings from time to time as the electric-vehicle maker, which has enjoyed a surging share price, makes another investment push.

The return to capital markets comes after the stock split 5-for-1 on Monday, sending it up sharply. The planned fundraising represents roughly 1.1% of Tesla’s $464 billion market capitalization, according to FactSet.

Tesla has enjoyed a strong run despite the pandemic that temporarily shut its lone U.S. car plant in Fremont, Calif., as local authorities battled the spread of the Covid-19 disease. In July, the company posted a fourth-consecutive profitable quarter for the first time in its 17-year history, defying Wall Street analysts who expected a loss. But reaching that point hasn’t been easy. In its quest to become the first mass producer of electric cars, Tesla burned cash to raise production and overcome logistical

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Credit Suisse Thinks Bain Capital Specialty Finance’s Stock is Going to Recover

In a report issued on May 1, Douglas Harter from Credit Suisse maintained a Buy rating on Bain Capital Specialty Finance (BCSF – Research Report), with a price target of $15.50. The company’s shares closed last Monday at $9.22, close to its 52-week low of $7.12.

According to TipRanks.com, Harter is a 4-star analyst with an average return of 4.1% and a 63.8% success rate. Harter covers the Financial sector, focusing on stocks such as Ellington Residential Mortgage, Essential Properties Realty, and Arlington Asset Investment.

Currently, the analyst consensus on Bain Capital Specialty Finance is a Hold with an average price target of $10.67.

See today’s analyst top recommended stocks >>

Bain Capital Specialty Finance’s market cap is currently $499.5M and has a P/E ratio of 5.10. The company has a Price to Book ratio of 0.49.

Based on the recent corporate insider activity of 10 insiders, corporate

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Investor’s Business Daily | Stock News & Stock Market Analysis

About Investor’s Business Daily – Investor’s Business Daily provides exclusive stock lists, investing data, stock market research, education and the latest financial and business news to help investors make more money in the stock market. All of IBD’s products and features are based on the CAN SLIM® Investing System developed by IBD’s Founder William J. O’Neil, who identified the seven common characteristics that winning stocks display before making huge price gains. Each letter of CAN SLIM represents one of those traits.


Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the stocks they discuss. The information and content are subject to change without notice.

*Real-time prices by

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Benzinga

What makes a “blue chip” company? The well-established and financially-sound companies in the stock market that are the leaders, the advocates and representatives of an entire industry. Their attributes are that they are safe, stable, profitable, and long-lasting companies and this is why they are considered as relatively safe, low volatility investments.Due to their historical posting of steady earnings results year after year, blue chip companies are generally considered to be safer investments because of their ability to generate profits even during an economic downturn.But this was before COVID-19, which caused some of the “safest” stocks on the market to trade at massive discounts. I believe, however, that some of these companies are in a prime position to not just survive, but bounce back better thane ever once this crisis is behind us. DisneyWalt Disney Co (NYSE: DIS) shares are cheap for good reason, as the things that

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