APO - Apollo Reports Third Quarter 2023 Results | Benzinga
NEW YORK, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the third quarter ended September 30, 2023.
Marc Rowan, Chief Executive Officer at Apollo said, "Amid challenging market conditions for many, the resilience and growth characteristics of our differentiated business model are evident. The combined strength of our leading Asset Management and Retirement Services franchises positions us well to benefit in the current environment while providing unparalleled alignment with our clients. These are the periods in which we excel, and we're on track to complete a strong year of execution."
Apollo issued a full detailed presentation of its third quarter ended September 30, 2023 results, which can be viewed on Apollo's Investor Relations website at ir.apollo.com.
Dividend
Apollo Global Management, Inc. has declared a cash dividend of $0.43 per share of its Common Stock for the third quarter ended September 30, 2023. This dividend will be paid on November 30, 2023 to holders of record at the close of business on November 17, 2023.
Apollo Global Management, Inc. has also declared and set aside for payment a cash dividend of $0.8438 per share of its 6.75% Series A Mandatory Convertible Preferred Stock, which will be paid on January 31, 2024 to holders of record at the close of business on January 15, 2024.
The declaration and payment of dividends on the Common Stock and the 6.75% Series A Mandatory Convertible Preferred Stock are at the sole discretion of Apollo Global Management, Inc.'s board of directors. Apollo cannot assure its stockholders that they will receive any dividends in the future.
Conference Call
Apollo will host a public audio webcast on Wednesday, November 1, 2023 at 8:30 a.m. Eastern Time. During the webcast, members of Apollo's senior management team will review Apollo's financial results for the third quarter ...