Dividend - if a person purchased shares this AM (2/7/14) at around $32, would receive 3.34% on their investment for one quarter. we still have three quarters to go. 2013s total dividend of $3.98 per share, based on todays price ($32.00) is 12.43%.
My opinion, APO will pay a dividend of $4.50 per share in 2014, yielding 9% on current price in 2014, which means APO should be $50 per share.
I consider my investment in APO a high yield paying bond.
I am a fan of the company yet don't see the drivers for a 4.50 dividend in 2014. Can you share your thoughts on what gets you to the 4.50? I see more like 2.90, still a very attractive yield with upside in the stock.
Fully agree. This stock and the entire alternative management sector is not well understood by investors. While dividends can be lumpy because of the realization cycle their standard dividend of .15 per share is driven by management fees. With 163bn of assets, this number will grow. The investment professionals in this company have a proven track record so this is a stock to own. Good luck.