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APO-P-A

Apollo Global Management, Inc. · Series A · Investment Advice
Also quoted as: APO-A, APOprA, APO.PRA, APO-PA, APOpA
$70.89
last price

About this security

APO-P-A is a 6.75% cumulative convertible preferred stock issued by Apollo Global Management, Inc., a Investment Advice issuer. $50 liquidation preference, current yield 4.76%.

Apollo Global Management, Inc.: Apollo Global Management, founded in 1990, is a large global alternative asset manager and retirement services provider operating across three segments: Asset Management, Retirement Services, and Principal Investing. Its Asset Management segment centers on credit and equity investing strategies, earning fees for managing client assets across varying risk and return profiles. As of December 31, 2025, Apollo had total assets under management of $938.4 billion, making it one of the largest alternative asset managers in the world. The firm also operates a substantial retirement services business alongside a principal investing segment that includes its private equity franchise.

Issuer page — all Apollo Global Management, Inc. securities & profile →

Key Stats ✓ terms from SEC filing — verify via link below ✓ verified against SEC filing

live page · rendered 05:26:33 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current Yield
4.76%
Annual Dividend
$3.3750
Recent Market Price
$70.89
as of 2026-06-16
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-04-15
Pay Frequency
quarterly
Cumulative
Yes
Original Coupon
6.750%
Call Date
Yield to Call
n/a — not callable
Yield to Worst
n/a — mandatory convertible
Liq. Preference
$50.00
Mandatory Conversion
2026-07-31
Redeemable
No
Convertible
Yes
Conversion Price
$82.48–$82.48
Conversion Ratio
0.5052–0.6062
Pay Dates
January 31, April 30, July 31, October 31
Shares Offered (original)
20,000,000 +3,000,000 OA
Issued
2023-08-11
Series
A
Alt. Symbology
APO-A, APOprA, APO.PRA, APO-PA, APOpA

vs. Investment Advice category (6 issues): yield 4.76% vs avg 8.99% · discount +41.8% vs avg -16.5%

Quote

 APO-P-A (preferred)APO (common)
Last $70.89 $133.88
Change
Open$70.29$135.07
High / Low $71.33 / $70.05 $136.32 / $133.31
Prev Close
Volume522,5312,310,498
52-Week High / Low $81.53 / $53.75 $157.28 / $99.56

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

APO-P-A APO (common)

Dividend History

Ex-DateAmount / Share
2026-04-15$0.843800
2026-01-15$0.843800
2025-10-15$0.843800
2025-07-15$0.843800
2025-04-15$0.843800
2025-01-15$0.843800
2024-10-15$0.843800
2024-07-15$0.843800
2024-04-12$0.843800
2024-01-11$0.843800
2023-10-12$0.750000
2023-08-31$0.398000

Performance — $10K Calculator

See what an investment in APO-P-A would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

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Prospectus (SEC 424B5)

We are offering 20,000,000 shares of our % Series A Mandatory Convertible Preferred Stock, par value $0.00001 per share (the "Mandatory Convertible Preferred Stock").

Use of proceeds: Net proceeds will be used to accelerate Apollo's Retirement Services growth, helping its subsidiary Athene Holding Ltd. capitalize on attractive growth opportunities in the current market environment.

Full Prospectus (SEC filing) →

News — Apollo Global Management, Inc.

Issuer news via Tiingo, tagged to APO.

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This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

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A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Income & dividends
Current YieldAnnual income ÷ today's price — what you'd actually earn buying now. The headline income number.
Annual Dividend / InterestTotal cash paid per share each year. A preferred pays a "dividend"; a baby bond pays "interest."
Original CouponThe annual rate set when it was issued, as a % of par (6% of $25 = $1.50/yr). Fixed stays put; floating/reset rates change later.
Pay FrequencyHow often it pays — usually quarterly, sometimes monthly or twice a year.
Recent Ex-DateOwn it before this date to receive the next payment; buy on or after and you miss that one.
Price & value
Recent Market PriceThe latest market quote, delayed at least 20 minutes.
Liquidation Preference (Par)Face value — almost always $25 (some are $50, $100, or $1,000). What you're owed if the company winds down, and the price it can be redeemed at.
Disc / Prem to ParHow far the price sits below par (a discount) or above it (a premium). A discount can add return if it's redeemed at par; a premium is what you'd lose if it is.
Call & redemption
Call DateThe first date the issuer may redeem (buy back) the share at par. Before it you're protected; after it, it can be called at any time.
RedeemableWhether the issuer has the right to buy it back at all.
Yield to CallYour annual return if bought today and redeemed at par on the call date. If it's below the current yield, a call would cost you.
Yield to WorstThe lowest of the possible outcomes (to call, to maturity, or simply held) — the cautious yield to judge by.
Dividend terms & structure
CumulativeIf a payment is skipped, a cumulative issue still owes it (and must catch up before any common dividend); a non-cumulative one does not.
Interest DeferrableOn some baby bonds the issuer may postpone interest for a period — common on junior subordinated notes.
Floating / Reset RateThe rate isn't fixed forever — after a set date it resets to a benchmark (e.g. 3-month SOFR or the 5-year Treasury) plus a spread.
MaturityFor a baby bond, the date the principal is repaid. Most preferreds are perpetual — no maturity.
ConvertibleWhether it can turn into the company's common stock. "Change-of-control conversion" means that right applies only if the company is taken over.
Conversion Price / RatioFor convertibles, the price or number of common shares each unit converts into.
SeriesThe class label from the SEC filing (e.g. Series A). Note: it can differ from the ticker letter.
IssuedThe date the security first settled — when it came to market.
Shares OfferedHow many shares (or depositary shares) were sold in the original offering.
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