 |
 |
|
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
 Featured MNV Articles:
| Apollo Global Management's 6.375% Series B Preferred Shares Yield Pushes Past 6.5%By Preferred Stock Channel Staff, Tuesday, May 9, 2:50 PM ET
In trading on Tuesday, shares of Apollo Global Management Inc (new's 6.375% Series B Preferred Shares (AAM.PRB) were yielding above the 6.5% mark based on its quarterly dividend (annualized to $1.5938), with shares changing hands as low as $23.95 on the day. This compares to an average yield of 7.47% in the "Financial" preferred stock category, according to Preferred Stock Channel. As of last close, AAM.PRB was trading at a 0.28% discount to its liquidation preference amount, versus the average discount of 15.96% in the "Financial" category. Investors should keep in mind that the shares are not cumulative, meaning that in the event of a missed payment, the company does not have to pay the balance of missed dividends to preferred shareholders before resuming a common dividend. The chart below shows the one year performance of AAM.PRB shares, versus APO:
Below is a dividend history chart for AAM.PRB, showing historical dividend payments on Apollo Global Management Inc (new's 6.375% Series B Preferred Shares:
Special Offer: Join the income investing conversation on ValueForum.com with a special Seven Days for Seven Dollars invitation. In Tuesday trading, Apollo Global Management Inc (new's 6.375% Series B Preferred Shares (AAM.PRB) is currently off about 2.6% on the day, while the common shares (NYSE:APO) are up about 1.4%.
This Article's Word Cloud:
Apollo
Arial
Below
Channel
Days
Dollars
Financial
Global
Investors
Join
Juicy
Management
More
NYSE
Offer
Preferred
Series
Seven
Shares
Special
Start
Stock
Stocks
This
Tuesday
ValueForum
Where
Yields
about
above
according
afterLeftLabels
amount
annualized
average
axisColor
category
chart
common
discount
dividend
escape
fillColor
missed
preferred
shares
that
trading
versus
with
|
Play Video:
The Importance of Dividends
Free Email Alerts By Stock:
Start slideshow: