Apollo Global Management Soars 5.19% Ahead of Ex-Dividend Date

Apollo Global Management, Inc. (NYSE:APO) rose 5.19% in pre-market trading on May 12, 2025, reflecting a strong start to the day's trading session.

Apollo Global Management, Inc. is set to go ex-dividend in just four days, with the ex-dividend date being May 16, 2025. This means that investors who purchase the company's shares on or after this date will not receive the upcoming dividend payment of US$0.51 per share, which is scheduled to be paid on May 30, 2025. The company's trailing yield stands at 1.5% based on the current share price of US$132.46.

Apollo Global Management has demonstrated steady earnings growth, with earnings per share increasing by an average of 9.6% over the past five years. However, the company's dividend payments per share have declined at an average rate of 5.2% per year over the past decade, which is a point of concern for investors who rely on dividends for income.

Apollo Global Management, Inc. is a private equity firm specializing in investments across various sectors, including credit, private equity, infrastructure, secondaries, and real estate. The company's diverse investment portfolio and strong earnings growth have contributed to its positive performance in the market.