Apollo Reports Third Quarter 2024 Results
Apollo Global Management (NYSE: APO) has released its Q3 2024 financial results, highlighting strong performance across its platform. The company declared a cash dividend of $0.4625 per share of Common Stock, payable on November 29, 2024, and a $0.8438 per share dividend for Mandatory Convertible Preferred Stock, payable on January 31, 2025. CEO Marc Rowan emphasized the company's position as a next-generation financial services business and referenced growth plans presented at their recent Investor Day.
Apollo Global Management (NYSE: APO) ha pubblicato i risultati finanziari del terzo trimestre 2024, evidenziando un forte rendimento della sua piattaforma. L'azienda ha dichiarato un dividendo in contante di $0,4625 per azione di azioni ordinarie, che sarà pagato il 29 novembre 2024, e un dividendo di $0,8438 per azione per azioni privilegiate convertibili obbligatorie, che sarà pagato il 31 gennaio 2025. Il CEO Marc Rowan ha sottolineato la posizione dell'azienda come una società di servizi finanziari di nuova generazione e ha fatto riferimento ai piani di crescita presentati nel loro recente Investor Day.
Apollo Global Management (NYSE: APO) ha publicado los resultados financieros del tercer trimestre de 2024, destacando un sólido rendimiento en su plataforma. La empresa declaró un dividendo en efectivo de $0.4625 por acción de acciones comunes, que se pagará el 29 de noviembre de 2024, y un dividendo de $0.8438 por acción para acciones preferentes convertibles obligatorias, que se pagará el 31 de enero de 2025. El CEO Marc Rowan enfatizó la posición de la empresa como un negocio de servicios financieros de próxima generación y mencionó los planes de crecimiento presentados en su reciente Día del Inversor.
아폴로 글로벌 관리(Apollo Global Management, NYSE: APO)가 2024년 3분기 재무 결과를 발표하며 강력한 플랫폼 성과를 강조했습니다. 회사는 일반 주식에 대해 주당 $0.4625의 현금 배당금을 선언했으며, 이는 2024년 11월 29일 지급될 예정입니다. 또한 의무 전환 우선주에 대해 주당 $0.8438의 배당금이 2025년 1월 31일에 지급될 예정입니다. CEO 마크 로완(Marc Rowan)은 회사를 차세대 금융 서비스 기업으로 강조하며 최근 투자자 데이에서 발표한 성장 계획에 대해 언급했습니다.
Apollo Global Management (NYSE: APO) a publié ses résultats financiers du troisième trimestre 2024, mettant en avant une forte performance de sa plateforme. L'entreprise a déclaré un dividende en espèces de 0,4625 $ par action d'actions ordinaires, payable le 29 novembre 2024, ainsi qu'un dividende de 0,8438 $ par action pour les actions privilégiées convertibles obligatoires, payable le 31 janvier 2025. Le PDG Marc Rowan a souligné la position de l'entreprise en tant qu'entreprise de services financiers de nouvelle génération et a fait référence aux plans de croissance présentés lors de leur récente journée des investisseurs.
Apollo Global Management (NYSE: APO) hat seine Finanzergebnisse für das dritte Quartal 2024 veröffentlicht und eine starke Leistung seiner Plattform hervorgehoben. Das Unternehmen hat eine Bardividende von 0,4625 $ pro Aktie der Stammaktien erklärt, die am 29. November 2024 zahlbar ist, sowie eine Dividende von 0,8438 $ pro Aktie für die verpflichtend wandelbaren Vorzugsaktien, die am 31. Januar 2025 zahlbar ist. CEO Marc Rowan betonte die Position des Unternehmens als ein Finanzdienstleistungsunternehmen der nächsten Generation und verwies auf die Wachstumspläne, die beim jüngsten Investorentag vorgestellt wurden.
- Reported strong quarterly performance across platform
- Maintained consistent dividend payment of $0.4625 per share
- None.
Insights
The latest earnings release lacks specific financial metrics, making it impossible to conduct a meaningful analysis of Apollo's Q3 2024 performance. However, there are two notable points for investors: a quarterly dividend of
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
Apollo Global Management, Inc. has also declared and set aside for payment a cash dividend of
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 listen to the live broadcast, there will be a replay of the webcast available at the same link one hour after the event.
Apollo distributes its earnings releases via its website and email distribution lists. Those interested in receiving firm updates by email can sign up for them at ir.apollo.com.
About Apollo
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade credit to private equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes. As of September 30, 2024, Apollo had approximately
Forward-Looking Statements
In this press release, references to “Apollo,” “we,” “us,” “our” and the “Company” refer collectively to Apollo Global Management, Inc. and its subsidiaries, or as the context may otherwise require. This press release may contain forward-looking statements that are within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include, but are not limited to, discussions related to Apollo’s expectations regarding the performance of its business, its liquidity and capital resources and other non-historical statements. These forward-looking statements are based on management’s beliefs, as well as assumptions made by, and information currently available to, management. When used in this press release, the words “believe,” “anticipate,” “estimate,” “expect,” “intend” and similar expressions are intended to identify forward-looking statements. Although management believes that the expectations reflected in these forward-looking statements are reasonable, it can give no assurance that these expectations will prove to have been correct. These statements are subject to certain risks, uncertainties and assumptions, including risks relating to inflation, interest rate fluctuations and market conditions generally, the impact of energy market dislocation, our ability to manage our growth, our ability to operate in highly competitive environments, the performance of the funds we manage, our ability to raise new funds, the variability of our revenues, earnings and cash flow, the accuracy of management’s assumptions and estimates, our dependence on certain key personnel, our use of leverage to finance our businesses and investments by the funds we manage, Athene’s ability to maintain or improve financial strength ratings, the impact of Athene’s reinsurers failing to meet their assumed obligations, Athene’s ability to manage its business in a highly regulated industry, changes in our regulatory environment and tax status, and litigation risks, among others. We believe these factors include but are not limited to those described under the section entitled “Risk Factors” in our annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on February 27, 2024, and the quarterly report on Form 10-Q filed with the SEC on August 8, 2024, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in our other filings with the SEC. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law. This press release does not constitute an offer of any Apollo fund.
Investor and Media Relations Contacts
For investors please contact:
Noah Gunn
Global Head of Investor Relations
Apollo Global Management, Inc.
212-822-0540
ir@apollo.com
For media inquiries please contact:
Joanna Rose
Global Head of Corporate Communications
Apollo Global Management, Inc.
212-822-0491
communications@apollo.com
FAQ
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