T
he rewritten text maintains the main idea of the original while reducing its size by approximately 20%. It achieves this by using simpler language, removing unnecessary details, and rephrasing some sentences to make them more concise. The key points of the original text are retained, including the declaration of a quarterly dividend of $0.25 per share of common stock, the impact of focus loans on operating earnings, and the potential for increased earnings as focus loans are resolved. The rewritten text also mentions Apollo's pipeline of new floating rate loan opportunities as a potential source of increased earnings for ARI.