Apollo Global Management (APO) Declares $0.35 Quarterly Dividend; 7.7% Yield

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Go back to Apollo Global Management (APO) Declares $0.35 Quarterly Dividend; 7.7% Yield

Apollo Global Management, LLC Reports Third Quarter 2016 Results

October 28, 2016 7:01 AM EDT

NEW YORK--(BUSINESS WIRE)-- Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, Apollo) today reported results for the third quarter ended September 30, 2016.

Apollos financial results for the third quarter were driven by solid investment performance across each of our businesses, said Leon Black, Chairman and Chief Executive Officer. In addition, we continued to leverage Apollos integrated global platform during the quarter to attract capital inflows of more than $7 billion and deploy or commit more than $5 billion, which we believe will deliver strong future returns for our investors.

Apollo issued a... More