Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Apollo Global Management, Inc. (NYSE:APO) is about to trade ex-dividend in the next 4 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company’s books to be eligible for a dividend payment. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn’t show on the record date. In other words, investors can purchase Apollo Global Management’s shares before the 16th of May in order to be eligible for the dividend, which will be paid on the 30th of May.
The company’s next dividend payment will be US$0.51 per share, on the back of last year when the company paid a total of US$2.04 to shareholders. Based on the last year’s worth of payments, Apollo…
