From Nasdaq: 2025-06-13 14:08:00

Shares of Apollo Global Management Inc’s 7.750% Dep Sh Rate Reset Non-Cumul Pref Shares Ser E (ATH.PRE) were yielding above 7.5% based on its quarterly dividend of $1.9375, trading as low as $25.60. This is compared to the average 6.59% yield in the “Financial” preferred stock category. ATH.PRE was trading at a 4.88% premium to its liquidation preference amount. The shares are non-cumulative, meaning missed payments do not have to be paid back before common dividends resume. In Friday trading, ATH.PRE was down 0.3%, while common shares (APO) were down 4.3%.



Read more at Nasdaq: Apollo Global Management’s Prefered Series E Shares Cross 7.5% Yield Mark