Apollo Global Management's Series A Preferred Stock Yield Pushes Past 5%
July 17, 2024 at 14:07 PM EDT
In trading on Wednesday, shares of Apollo Global Management Inc (new's 6.75% Series A Mandatory Convertible Preferred Stock (APO. RA) were yielding above the 5% mark based on its quarterly dividend (annualized to $3.3752), with shares changing hands as low as $66.21 on the day.