Argo Investments Limited is a publicly owned investment manager. The firm manages separate client focused equity portfolios for its clients. It invests in public equity markets of Australia. The firm employs a qualitative analysis with bottom-up stock picking approach to create its portfolio. It conducts in-house analysis to make its investments. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.
Argo Investments Dividend Announcement
• Argo Investments announced a semi annually dividend of A$0.18 per ordinary share which will be made payable on 2024-09-13. Ex dividend date: 2024-08-16
• Argo Investments annual dividend for 2024 was A$0.34
• Argo Investments annual dividend for 2023 was A$0.34
• Argo Investments's trailing twelve-month (TTM) dividend yield is 3.76%
• Argo Investments's payout ratio for the trailing twelve months (TTM) is 28.12%
• Argo Investments's dividend growth over the last five years (2018-2023) was 1.84% year
• Argo Investments's dividend growth over the last ten years (2013-2023) was 2.67% year
Argo Investments Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-16 | A$0.18 | semi annually | 2024-09-13 |
2024-02-15 | A$0.17 | semi annually | 2024-03-08 |
2023-08-25 | A$0.18 | semi annually | 2023-09-15 |
2023-02-16 | A$0.17 | semi annually | 2023-03-10 |
2022-08-26 | A$0.17 | semi annually | 2022-09-16 |
2022-02-17 | A$0.16 | semi annually | 2022-03-11 |
2021-08-27 | A$0.14 | semi annually | 2021-09-17 |
2021-02-18 | A$0.14 | semi annually | 2021-03-12 |
2020-08-28 | A$0.14 | semi annually | 2020-09-18 |
2020-02-13 | A$0.16 | semi annually | 2020-03-06 |
2019-08-23 | A$0.17 | semi annually | 2019-09-13 |
2019-02-14 | A$0.16 | semi annually | 2019-03-08 |
2018-08-24 | A$0.16 | semi annually | 2018-09-14 |
2018-02-15 | A$0.15 | semi annually | 2018-03-09 |
2017-08-25 | A$0.16 | semi annually | 2017-09-15 |
2017-02-16 | A$0.15 | semi annually | 2017-03-10 |
2016-08-23 | A$0.15 | semi annually | 2016-09-09 |
2016-02-10 | A$0.15 | semi annually | 2016-03-04 |
2015-08-17 | A$0.15 | semi annually | 2015-09-02 |
2015-02-11 | A$0.14 | semi annually | 2015-03-04 |
2014-08-18 | A$0.14 | semi annually | 2014-09-03 |
2014-02-10 | A$0.14 | semi annually | 2014-03-05 |
2013-08-15 | A$0.14 | semi annually | 2013-09-04 |
2013-02-10 | A$0.13 | semi annually | 2013-03-04 |
Argo Investments Dividend per year
Argo Investments Dividend growth
Argo Investments Dividend Yield
Argo Investments current trailing twelve-month (TTM) dividend yield is 3.76%. Interested in purchasing Argo Investments stock? Use our calculator to estimate your expected dividend yield:
Argo Investments Financial Ratios
Argo Investments Dividend FAQ
Other factors to consider when evaluating Argo Investments 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 Investments'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 Investments 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 Investments 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 Investments 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 Investments 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 Investments 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 Investments 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 Investments'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 Investments'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.