Argo Group International Holdings, Ltd. underwrites specialty insurance and reinsurance products in the property and casualty markets. The company operates in two segments, U.S. Operations and International Operations. It offers primary and excess specialty casualty, general liability, commercial multi-peril, and workers compensation, as well as product, environmental, and auto liability insurance products; management liability, transaction liability, and errors and omissions liability insurance; primary and excess property, inland marine, and auto physical damage insurance; and surety, animal mortality, and ocean marine insurance products. The company also provides directors and officers liability, errors and omissions liability, and employment practices liability insurance; international casualty and motor treaties insurance; professional indemnity and medical malpractice insurance; direct and facultative excess insurance, North American and international binders, and residential collateral protection for lending institutions; and personal accident, aviation, cargo, yachts, and onshore and offshore marine insurance products. It markets its products through wholesale and retail agents, managing general agents, brokers, and third-party intermediaries. The company was founded in 1948 and is headquartered in Pembroke, Bermuda.
Argo International Dividend Announcement
• Argo International announced a quarterly dividend of $0.44 per ordinary share which will be made payable on 2024-09-16. Ex dividend date: 2024-08-30
• Argo International annual dividend for 2024 was $1.31
• Argo International annual dividend for 2023 was $1.75
• Argo International's trailing twelve-month (TTM) dividend yield is 6.98%
• Argo International's payout ratio for the trailing twelve months (TTM) is -7.52%
Argo International Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-30 | $0.44 | quarterly | 2024-09-16 |
2024-05-31 | $0.44 | quarterly | 2024-06-17 |
2024-02-28 | $0.44 | quarterly | |
2023-11-29 | $0.44 | quarterly | 2023-12-15 |
2023-08-30 | $0.44 | quarterly | |
2023-05-30 | $0.44 | quarterly | |
2023-02-27 | $0.44 | quarterly | |
2022-11-29 | $0.44 | quarterly | |
2022-08-30 | $0.44 | quarterly | |
2022-05-27 | $0.44 | quarterly | |
2022-02-25 | $0.44 | quarterly | |
2021-11-29 | $0.44 | quarterly | |
2021-08-30 | $0.44 | quarterly | |
2021-05-27 | $0.44 | quarterly | |
2021-02-25 | $0.44 | quarterly | |
2020-11-27 | $0.44 | quarterly | |
2020-08-31 | $0.33 | quarterly |
Argo International Dividend per year
Argo International Dividend growth
Argo International Dividend Yield
Argo International current trailing twelve-month (TTM) dividend yield is 6.98%. Interested in purchasing Argo International stock? Use our calculator to estimate your expected dividend yield:
Argo International Financial Ratios
Argo International Dividend FAQ
Other factors to consider when evaluating Argo International as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Argo International's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Argo International publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Argo International distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Argo International are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Argo International sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Argo International distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Argo International declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Argo International's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Argo International's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.