Apollo Global Management's Ex-Dividend Date Is Friday, Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Apollo Global Management (NYSE:APO) announced a quarterly dividend of 43 cents per share, with the ex-dividend date set for Friday. Shareholders owning APO by the end of Thursday are eligible for the dividend, payable on February 29, 2024.
February 13, 2024 | 2:45 pm
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Apollo Global Management announced a quarterly dividend of 43 cents per share, with the ex-dividend date this Friday. Eligible shareholders will receive the dividend on February 29, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price. While the ex-dividend date might lead to a temporary decrease in stock price to reflect the payout, this is a standard adjustment and does not indicate a change in the company's fundamentals or investor sentiment.
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