SmarterDividends
APO

Apollo Global Management, Inc.

APO

Financial Services · Asset Management · Stock · quarterly payer

$113.45

Overvalued · -54% Add to Portfolio

Forward Yield

1.97%

Annual Dividend

$2.25

Payout Ratio

75%

5-Yr Growth

1.0%

Ex-Date

Aug 19, 2026

Frequency

Quarterly

Key facts about APO's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 29, 2026, Apollo Global Management, Inc. (APO) has a forward dividend yield of 1.97%, based on an annual dividend of $2.25 per share and a share price of $113.45.
  • As of Oct 29, 2026, APO's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • By SmarterDividends' count, Apollo Global Management, Inc. (APO) has raised its dividend for 3 consecutive years as of Oct 29, 2026.
  • APO last cut its regular dividend in 2022.
  • APO's most recent ex-dividend date was Aug 19, 2026, for a dividend of $0.56 per share.
  • As of Oct 29, 2026, APO pays out 75% of its trailing 12-month earnings as dividends (its payout ratio).
  • APO's dividend has grown at an average rate of 1.0% a year over the past five years.
  • As of Oct 29, 2026, APO's 1.97% yield is 13% below its five-year average yield of 2.26%.
  • As of Oct 29, 2026, SmarterDividends' blended fair-value estimate for APO is $52.75 per share, 54% below the $113.45 share price, so APO screens as overvalued.
  • Apollo Global Management, Inc. (APO) pays its dividend quarterly, 4 times a year.
  • Apollo Global Management, Inc. (APO) has raised its regular dividend 22 times and cut it 8 times across the 62 payments on record since 2011. Its most recent change was a 10.4% increase to $0.563 per share, going ex-dividend on May 19, 2026. The last cut went ex-dividend on Feb 17, 2022.
  • Apollo Global Management (APO) has declared its first higher dividend of the year in May in 3 of the last 5 years; its most recent raise, 10.4%, was declared on May 6, 2026.
Cite this page

SmarterDividends, "APO Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 29, 2026, https://smarterdividends.com/stocks/APO

Summary

As of Oct 29, 2026, Apollo Global Management, Inc. (APO) yields 1.97% ($2.25 a year per share), has a dividend safety grade of C (60/100) and has 3 consecutive years of dividend increases on record.

Is APO a good dividend stock?

Yes, with caveats

Apollo Global Management, Inc. (APO) pays a quarterly dividend yielding 1.97% ($2.25/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

  • 59% total price return over 5 years

Risks

  • Cut its dividend in 2022

Key Data

Dividend Yield
1.97%
Payout Ratio
75%
Annual Dividend
$2.25
5-Yr Avg Growth
1.0%
Ex-Dividend Date
Aug 19, 2026
Years of Growth
3
Frequency
quarterly
Beta
1.58
Market Cap
$67.0B
P/E Ratio
40.7
5-Yr Total Return
59%
52-Week Range
$99.56 – $153.29
Dividend Safety
C · 60/100
Ever Cut?
Yes (2022)

APO dividend raises and cuts

Apollo Global Management, Inc. (APO) has raised its regular dividend 22 times and cut it 8 times across the 62 payments on record since 2011. Its most recent change was a 10.4% increase to $0.563 per share, going ex-dividend on May 19, 2026. The last cut went ex-dividend on Feb 17, 2022.

Ex-dateChangeOld → newMove
May 19, 2026Raise$0.510 → $0.563+10.4%
May 16, 2025Raise$0.463 → $0.510+10.2%
May 16, 2024Raise$0.430 → $0.463+7.7%
May 19, 2023Raise$0.400 → $0.430+7.5%
Feb 17, 2022Cut$0.500 → $0.400−20.0%
May 19, 2021Cut$0.600 → $0.500−16.7%
Feb 18, 2021Raise$0.510 → $0.600+17.6%
Nov 19, 2020Raise$0.490 → $0.510+4.1%
Aug 17, 2020Raise$0.420 → $0.490+16.7%
May 15, 2020Cut$0.500 → $0.420−16.0%
Aug 15, 2019Raise$0.460 → $0.500+8.7%
Nov 19, 2018Raise$0.430 → $0.460+7.0%
Show all 30 changes since 2011
Ex-dateChangeOld → newMove
Aug 16, 2018Raise$0.380 → $0.430+13.2%
May 17, 2018Cut$0.660 → $0.380−42.4%
Feb 20, 2018Raise$0.520 → $0.660+26.9%
Aug 18, 2017Raise$0.490 → $0.520+6.1%
May 17, 2017Raise$0.450 → $0.490+8.9%
Feb 16, 2017Raise$0.350 → $0.450+28.6%
Nov 17, 2016Raise$0.280 → $0.350+25.0%
Feb 17, 2016Cut$0.350 → $0.280−20.0%
Nov 18, 2015Raise$0.330 → $0.350+6.1%
May 18, 2015Cut$0.730 → $0.330−54.8%
Nov 12, 2014Raise$0.460 → $0.730+58.7%
Aug 20, 2014Cut$1.01 → $0.460−54.5%
Nov 20, 2013Raise$0.570 → $1.01+77.2%
May 14, 2013Raise$0.400 → $0.570+42.5%
Nov 20, 2012Raise$0.240 → $0.400+66.7%
Aug 23, 2012Cut$0.250 → $0.240−4.0%
May 17, 2012Raise$0.240 → $0.250+4.2%
Aug 18, 2011Raise$0.220 → $0.240+9.1%
Every APO payment →Download every raise and cut (CSV)
APO ex-dividend date & scheduleNext ex-date Aug 19, 2026 · full ex-dividend historyView →APO dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is APO a good dividend stock?

Yes, with caveats. Apollo Global Management, Inc. (APO) pays a quarterly dividend yielding 1.97% ($2.25/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Is APO undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, APO's fair value is about $52.75 versus a $113.45 share price — so it looks overvalued (-54% vs. fair value).

Is APO's dividend safe?

APO has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a dividend cut in 2022, debt and yield-versus-history.

What is APO's fair value?

Our blended fair-value estimate for APO is about $52.75 per share, about 54% below the current $113.45 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is APO a buy, hold, or sell?

We don't issue formal ratings, but on the data APO screens as "yes, with caveats" and overvalued. Apollo Global Management, Inc. (APO) pays a quarterly dividend yielding 1.97% ($2.25/yr), with 3 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

Will APO cut its dividend?

APO earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2022). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does APO pay a dividend?

Yes. Apollo Global Management, Inc. pays a quarterly dividend of about $2.25 per share annually, a forward yield of roughly 1.97%.

What is APO's dividend yield?

As of Oct 29, 2026, APO's forward dividend yield is 1.97%, based on a $2.25 annual dividend and a $113.45 share price.

What is APO's dividend per share?

As of Oct 29, 2026, APO pays $2.25 per share per year, distributed on a quarterly basis.

What is APO's dividend payout ratio?

As of Oct 29, 2026, APO's payout ratio is 75% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has APO grown its dividend?

As of Oct 29, 2026, APO has increased its dividend for 3 consecutive years.

When is the next APO ex-dividend date?

As of Oct 29, 2026, APO's next ex-dividend date hasn't been announced. The most recent was Aug 19, 2026, for $0.56 per share.

APO Dividend News

APO
IncreaseAPO·Jun 10, 2026

Apollo Raises Quarterly Dividend 10.4% to $0.563

Apollo lifted its quarterly dividend to $0.563 a share, supported by record fee earnings, while its 74% payout ratio keeps coverage in focus.

Income Calculator

At $2.25 / yr per share

Per payment (quarterly)$56.25
Annual$225.00
Monthly avg$18.75

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