Apollo Global ( (APO) ) has released its Q4 earnings. Here is a breakdown of the information Apollo Global presented to its investors.
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Apollo Global Management, Inc. is a global alternative asset manager that provides clients with innovative capital solutions and investment opportunities across a broad range of financial products, including private equity and credit. The firm also offers retirement savings products through its subsidiary, Athene.
In its latest earnings report, Apollo Global Management announced strong fourth-quarter and full-year results for 2024, highlighted by record origination activity surpassing $220 billion and significant inflows exceeding $150 billion. The company’s assets under management have grown to over $750 billion, underscoring its robust growth strategy and execution.
Key financial highlights include Apollo’s declaration of a cash dividend of $0.4625 per share for its common stock, to be paid in February 2025. Additionally, a dividend of $0.8438 per share for its mandatory convertible preferred stock will be paid in April 2025. These dividends reflect the company’s commitment to returning value to its shareholders.
Looking forward, Apollo Global Management remains focused on executing its growth strategy into 2025, with the management team confident in its ability to continue delivering strong performance and value creation for stakeholders.
