Apollo Residential Mortgage, Inc. Declares Fourth Quarter 2012

Apollo Residential Mortgage, Inc. Declares Fourth Quarter 2012
Dividends on Shares of Common and Preferred Stock 
NEW YORK, NY -- (Marketwire) -- 12/14/12 --  Apollo Residential
Mortgage, Inc. (the "Company" or "AMTG") (NYSE: AMTG) today announced
the Board of Directors declared a quarterly dividend of $0.70 per
share of common stock for the fourth quarter of 2012 and a special
dividend of $0.35 per share of common stock. These dividends are
payable on January 31, 2013 to common stockholders of record on
December 31, 2012. 
"When determining the dividend level this quarter, AMTG's Board of
Directors considered the realized gains the Company generated in 2012
from managing its portfolio as well as REIT distribution
requirements, which led to the special distribution," said Stuart
Rothstein, Chief Financial Officer of the Company. "The Board seeks
to minimize the volatility in quarter over quarter dividend levels
and closely align the quarterly dividend level with the Company's
earnings potential." 
AMTG also announced the Board of Directors declared a cash dividend
on the Company's 8.00% Series A Cumulative Redeemable Perpetual
Preferred Stock (the "Series A Preferred Stock") of $0.72778 per
share for the period that began on September 20, 2012, the date of
initial issuance of the Series A Preferred Stock, and ends on January
31, 2013. The Series A Preferred Stock dividend is payable on January
31, 2013 to preferred stockholders of record as of December 31, 2012. 
About Apollo Residential Mortgage, Inc.
 Apollo Residential Mortgage,
Inc. (NYSE: AMTG) is a real estate investment trust that invests in
and manages residential mortgage-backed securities 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 approximately $110 billion of assets under management at
September 30, 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, except as required by law.  
CONTACT: 
Hilary Ginsberg
Investor Relations 
(212) 822-0767