Apollo 6375% Series A Preferred
Apollo Asset Management Inc. 6.375% Series A Preferred Stock: Everything You Need to Know
Introduction
Apollo Asset Management is a renowned private equity firm that manages assets worth billions of dollars. Apollo Asset Management Inc. 6.375% Series A Preferred Stock is a type of preferred stock issued by the company. In this article, we will look at the key features of this stock, its historical background, and everything else investors need to know about it.
What is Apollo Asset Management?
Apollo Asset Management is a global alternative investment firm specializing in private equity, credit, and real estate. With over 30 years of experience, the firm has managed to grow its assets under management to more than $400 billion. Its clients include institutional investors, high-net-worth individuals, and public pension funds. The firm has a reputation for delivering strong returns for investors.
Apollo Asset Management – Our Story
Apollo Asset Management was founded in 1990 by three partners, including Leon Black, the current chairman and CEO. The firm started by investing in distressed debt and quickly expanded to other areas like leveraged buyouts and real estate. Over the years, Apollo has made some of the most high-profile investments globally, including the $30 billion acquisition of Harrah’s Entertainment.
What is Apollo Asset Management Inc. 6.375% Series A Preferred Stock?
Apollo Asset Management Inc. 6.375% Series A Preferred Stock is a type of preferred stock issued by the company. Preferred stock is a type of stock that gives the holder a higher claim on dividends than common stockholders. In the case of Apollo Asset Management Inc. 6.375% Series A Preferred Stock, the company pays an annual dividend of 6.375% to holders of this stock.
Understanding Preferred Stock
If you’re new to the world of investing, you might be wondering what preferred stock is and how it differs from common stock. To learn more about preferred stock and how it works, we recommend checking out this article by The Balance.
How does Apollo Asset Management Inc. 6.375% Series A Preferred Stock compare to other investments?
When it comes to investing, there are many options available for investors. Apollo Asset Management Inc. 6.375% Series A Preferred Stock is a type of preferred stock, which means it is a fixed-income investment. Compared to other fixed-income investments like bonds, preferred stock offers higher dividends. However, it comes with higher risks, as preferred stockholders are less likely to recover their investment in the case of bankruptcy.
The Benefits and Risks of Preferred Stock
If you want to learn more about the benefits and risks of preferred stock, we recommend checking out this article by NerdWallet.
Frequently Asked Questions
What is the maturity date of Apollo Asset Management Inc. 6.375% Series A Preferred Stock?
Apollo Asset Management Inc. 6.375% Series A Preferred Stock has no maturity date. This means that the company does not have an obligation to redeem the stock at any point in time.
Is Apollo Asset Management Inc. 6.375% Series A Preferred Stock a safe investment?
No investment is entirely safe, and Apollo Asset Management Inc. 6.375% Series A Preferred Stock is no exception. Investors should carry out thorough research before investing.
How can I buy Apollo Asset Management Inc. 6.375% Series A Preferred Stock?
Apollo Asset Management Inc. 6.375% Series A Preferred Stock can be purchased through a brokerage firm that supports preferred stock trading.
Conclusion
Overall, Apollo Asset Management Inc. 6.375% Series A Preferred Stock is a type of preferred stock that offers investors a higher claim on dividends than common stockholders. It comes with higher risks than other fixed-income investments like bonds, but can be a lucrative investment for those willing to take on the risk. Investors should carry out thorough research and seek professional advice before investing.