For Monday, August 17, the pick is Apollo Global Management (APO). Money is flowing into this high performing alternative investment management company. In fact, they brought in nearly $100 billion in the last quarter alone. The current yield is 4%.
Next up is Consolidated Edison (ED), an electric utility that serves nearly 5 million customers in New York City and surrounding areas. It’s hard to believe that we’ve never invested in this before, but there has always been something slightly better on it’s ex-div day until today. The numbers look great and the current yield is nearly 4.2%.