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Tue, June 12, 2012

Apollo Residential Mortgage, Inc. Announces Second Quarter 2012 Dividend of $0.75 per Share


Published on 2012-06-12 05:35:47 - Market Wire
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June 12, 2012 08:30 ET

Apollo Residential Mortgage, Inc. Announces Second Quarter 2012 Dividend of $0.75 per Share

NEW YORK, NY--(Marketwire - Jun 12, 2012) - Apollo Residential Mortgage, Inc. (the "Company" or "AMTG") (NYSE: [ AMTG ]) today announced the Board of Directors declared a dividend of $0.75 per share of common stock for the second quarter of 2012. The dividend is payable on July 31, 2012 to common stockholders of record on June 29, 2012.

The Company's dividend policy is set at the discretion of its Board of Directors and depends upon, among other things, the Company's operating earnings forecast, realized gains and losses and the Company's compliance with REIT distribution requirements, including its estimate of its taxable income. The Company's taxable income differs from the Company's income reported under GAAP, primarily due to differences in the amount of discount accretion and premium amortization recognized and unrealized gains and losses on the Company's mortgage-backed securities and interest rate swaps, which are not components of taxable income.

About Apollo Residential Mortgage, Inc.
Apollo Residential Mortgage, Inc. (NYSE: [ AMTG ]) is a real estate investment trust that invests in, finances and manages residential mortgage-backed securities, residential mortgage loans and other residential mortgage assets throughout the United States. The Company is externally managed and advised by ARM Manager, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, LLC (NYSE: [ APO ]), a leading global alternative investment manager with $86 billion of assets under management at March 31, 2012.

Additional information can be found on the Company's website at [ www.apolloresidentialmortgage.com ].

Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Forward-looking statements are subject to substantial risks and uncertainties, many of which are difficult to predict and are generally beyond the Company's control. These forward-looking statements include information about possible or assumed future results of the Company's business, financial condition, liquidity, results of operations, plans and objectives. When used in this release, the words "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "may" or similar expressions, are intended to identify forward-looking statements. Statements regarding the following subjects, among others, may be forward-looking: the return on equity; the yield on investments; the ability to borrow to finance assets; and risks associated with investing in real estate assets, including changes in business conditions and the general economy. For a further list and description of such risks and uncertainties, see the reports filed by the Company with the Securities and Exchange Commission. The forward-looking statements, and other risks, uncertainties and factors are based on the Company's beliefs, assumptions and expectations of its future performance, taking into account all information currently available to the Company. Forward-looking statements are not predictions of future events. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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