Apollo Reports Third Quarter 2024 Results

Apollo Reports Third Quarter 2024 Results

Benzinga
November 5, 2024

NEW YORK, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, "Apollo") today reported results for the third quarter ended September 30, 2024.

Marc Rowan, Chief Executive Officer at Apollo said, "Our strong third quarter results reflect broad-based momentum across the platform. We are building a next-generation financial services business uniquely positioned to win across massive market opportunities, and we are excited to execute on the attractive growth plan unveiled at our recent Investor Day."

Apollo issued a full detailed presentation of its third quarter ended September 30, 2024 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 $0.4625 per share of its Common Stock for the third quarter ended September 30, 2024. This dividend will be paid on November 29, 2024 to holders of record at the close of business on November 18, 2024.

Apollo Global Management, Inc. has also declared and set aside for payment a cash dividend of $0.8438 per share of its Mandatory Convertible Preferred Stock, which will be paid on January 31, 2025 to holders of record at the close of business on January 15, 2025.

The declaration and payment of dividends on the Common Stock and the 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 Tuesday, November 5, 2024 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 ended September 30, 2024.

The webcast may be accessed at ir.apollo.com. For those unable to ...

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