NEW YORK, Aug. 04, 2022 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) today reported results for the second quarter ended June 30, 2022.
Marc Rowan, Chief Executive Officer at Apollo said, “Our second quarter results demonstrate the resilience of our earnings and strength of our integrated model amid challenging markets. Our focus on credit fundamentals and purchase price discipline continues to resonate with clients, as the difference between alpha generation and beta becomes increasingly clear in this environment. We are well positioned to capitalize on dislocation and remain focused on executing our strategic plan across origination, global wealth, and capital solutions to deliver for our shareholders.”
Apollo issued a full detailed presentation of its second quarter ended June 30, 2022 results, which can be viewed through the Stockholders section of Apollo’s website at https://www.apollo.com/
Apollo Global Management, Inc. has declared a cash dividend of $0.40 per share of its Common Stock for the second quarter ended June 30, 2022. This dividend will be paid on August 31, 2022 to holders of record at the close of business on August 18, 2022.
Apollo Asset Management, Inc. (NYSE: AAM PrA, AAM PrB) has declared a cash dividend of $0.398438 per share of each of its Series A Preferred shares and Series B Preferred shares, which will be paid on September 15, 2022 to holders of record at the close of business on September 1, 2022.
The declaration and payment of dividends on Common Stock, Series A Preferred shares and Series B Preferred shares are at the sole discretion of Apollo Global Management, Inc.’s and Apollo Asset Management, Inc.’s respective board of directors, as applicable. Apollo cannot assure its stockholders that they will receive any dividends in the future.
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 to private equity with a focus on three investing strategies: yield, hybrid, and 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 June 30, 2022, Apollo had approximately $515 billion of assets under management. To learn more, please visit www.apollo.com.