Apollo Global Management's latest quarterly cash dividend of $0.463 per share was issued to shareholders on record before May 16, 2024. The dividend distribution stands at $1.75 per share annually, which comes to a dividend yield of 1.44%. The latest APO dividend of $0.463 is an increase from the previous $0.43 payout, representing a growth of 8%.
Apollo Global Management's dividend yield of 1.44% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.83%, Apollo Global Management's dividend yield is 49% lower. The historical 5-year average of APO's dividend yield is 3.0%, which is more than the current one.
Apollo Global Management has been paying dividends for the last 13 years. Our records show that APO has distributed four quarterly dividends in the past year. The annualized dividend per share has an increase of 8% since twelve months ago. However with the price of the stock up by 50% from a year ago, the dividend yield has a decrease of 28%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| May 16, 2024 | May 31, 2024 | May 2, 2024 | $0.463 | normal |
| Feb 16, 2024 | Feb 29, 2024 | Feb 8, 2024 | $0.43 | normal |
| Nov 16, 2023 | Nov 30, 2023 | Nov 1, 2023 | $0.43 | normal |
| Aug 17, 2023 | Aug 31, 2023 | Aug 3, 2023 | $0.43 | normal |
| May 19, 2023 | May 31, 2023 | May 9, 2023 | $0.43 | normal |
| Feb 17, 2023 | Feb 28, 2023 | Feb 9, 2023 | $0.4 | normal |
| Nov 16, 2022 | Nov 30, 2022 | Nov 2, 2022 | $0.4 | normal |
| Aug 17, 2022 | Aug 31, 2022 | Aug 4, 2022 | $0.4 | normal |
| May 17, 2022 | May 31, 2022 | May 5, 2022 | $0.4 | normal |
| Feb 17, 2022 | Feb 28, 2022 | Feb 11, 2022 | $0.4 | normal |
| Nov 18, 2021 | Nov 30, 2021 | Nov 2, 2021 | $0.5 | normal |
| Aug 18, 2021 | Aug 31, 2021 | Aug 4, 2021 | $0.5 | normal |
| May 19, 2021 | May 28, 2021 | May 4, 2021 | $0.5 | normal |
| Feb 18, 2021 | Feb 26, 2021 | Feb 3, 2021 | $0.6 | normal |
| Nov 19, 2020 | Nov 30, 2020 | Oct 29, 2020 | $0.51 | normal |
| Aug 17, 2020 | Aug 31, 2020 | Jul 30, 2020 | $0.49 | normal |
| May 15, 2020 | May 29, 2020 | May 1, 2020 | $0.42 | normal |
| Feb 10, 2020 | Feb 28, 2020 | Jan 30, 2020 | $0.89 | normal |
| Nov 19, 2019 | Nov 29, 2019 | Oct 31, 2019 | $0.5 | normal |
Apollo Global Management's payout ratio of 19.6% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, Apollo Global Management's payout ratio is 52% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EFC Ellington Financial Inc | 12.18% | $1.57 | 249.2% |
| BX Blackstone Group Inc | 2.37% | $3.36 | 118.3% |
| APO Apollo Global Management Inc | 1.44% | $1.75 | 19.6% |
Yes, Apollo Global Management has been paying dividends for the last 13 years.
At this point we don't have a record of APO's next dividend date, but based on the current dividend schedule we project that it will likely be in August 2024.
Apollo Global Management's last dividend ex-date was on May 16, 2024. The dividend amount was $0.463 per share.
APO's annualized dividend per share is $1.75.
Apollo Global Management's current dividend yield is 1.44%.
Apollo Global Management has a quarterly dividend frequency.
The dividend payout ratio of Apollo Global Management is 19.6%.
Apollo Global Management's dividend yield is less than the Financial Services sector average.