Who would want a dividend that will be taxed 20%.?
I didn't see a dividend announcement, since the one in Sept,
It always say .28 - .07 qtr, check this in their last qtr report
Apollo Global Management, LLC has declared a second quarter 2013 cash distribution of $1.32 per Class A share, which comprises a regular distribution of $0.07 per Class A share and a quarterly distribution of $1.25 per Class A share primarily attributable to fund realizations and interest and dividend income earned by our funds. This distribution will be paid on August 30, 2013 to holders of record at the close of business on August 26, 2013.
Apollo intends to distribute to its shareholders on a quarterly basis substantially all of its net after-tax cash flow in excess of amounts determined by its manager to be necessary or appropriate to provide for the conduct of its business. However, Apollo cannot assure its shareholders that they will receive any distributions.
Aug div is 1% giving us $.07 a share, check yahoo quote. Just talked to my broker and he confirmed it. On yahoo quote scroll down on the right hand side and click on more Key Statistics and it confirms it also.
I bought several times from 29 to 35 a share sold around 30, got back in @22 and staying for the ride. The div is worth it. If Obama keeps up the way he has you will have people jumping in the ocean from Florida and swimming to Cuba