Every New York stock exchange trading day I’m posting a daily dividend stock or fund review. I’ll share the three chief qualities of just one equity or fund that could be selected for a dividend stock portfolio I’ve named the Safari to Sweet Success.
This week the portfolio I’m building (my Safari To Sweet Success portfolio) seeks a high-yield and growing stock in the financial services sector.Â
The financial sector includes nineteen industries all related to managing money: asset management; banks either global or from any of seven regions, capital markets, credit services, financial exchanges, insurance in six specializations, savings banks, and specialty finance.
Today I’m reviewing a Large-CapAsset Management Company. The company’s name is Apollo Global Management, LLC. Its trading ticker symbol is APO. Â
Apollo Global Management, LLC is an alternative-asset management company. It invests and manages funds on behalf of prominent pension, endowment and sovereign wealth funds as well as other institutional and individual investors.
It seeks to invest in companies based in across North America with a focus on the United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia.Â
It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1.5 billion. The firm conducts an in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies.Â
Apollo Global Management, LLC was founded in 1990 and is headquartered in New York City, with additional offices in New York City; Bethesda, Maryland; Chicago, Illinois; Los Angeles, California; Purchase, New York; Houston, Texas; London, United Kingdom; Frankfurt, Germany; Central, Hong Kong; Singapore; and Luxembourg.
I use three key data points gauge the value of any dividend equity or fund like Apollo Global Management, LLC. (APO):Â
