Apollo Global Management, LLC (NYSE:APO) will begin trading ex-dividend on November 19, 2020. The quarterly dividend payment of $ 0.51 per share is scheduled to be paid on November 30, 2020. The dividend yield based on the latest trading day closing price was 4.61 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 19, 2020.
Dividends History
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Apollo Global Management, LLC recently reported third quarter financial results on October 29, 2020, before market open, public investment firm announced income for the third quarter of $ 0.47 per share, from the revenue of $ 519.66 million. The quarterly earnings reduced 12.96 percent while revenues contracted 26.05 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.49 per share from $ 510.11 million in revenue. The bottom line results missed street analysts by $ 0.02 or 4.08 percent, at the same time, top line results outshined analysts by $ 9.55 million or 1.87 percent.
Stock Performance
On Friday, shares of Apollo Global Management, LLC has traded high as $ 44.47 and has cracked $ 43.24 on the downward trend, reaching $ 44.24 with volume of 809.10 thousand shares.
According to the previous trading day, closing price of $ 44.24, representing a 120.04 % increase from the 52 week low of $ 19.46 and a 22.69 % decrease over the 52 week high of $ 55.39.
The company has a market capital of $ 10.12 billion and is part of the Financial Services sector and Asset Management industry.
Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios.
