On Friday, Argo Global Listed Infrastructure Ltd (ASX: ALI) reported a full-year profit of $39.5 million for FY26, with a record fully franked dividend yield of 5.6%.
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What did Argo Infrastructure report?
- Net profit after tax (NPAT): $39.5 million (down from $52.2m in FY25)
- Total assets: $529 million (up from $476m in FY25)
- Fully franked full-year dividends: 10.0 cents per share (a record high; up from 9.5c last year)
- Dividend yield: 5.6% (including franking)
- Portfolio performance: +13% (vs infrastructure index +9.5% and ASX 200 Accum. +6.1%)
- Total shareholder return: +19.2% for the year to 30 June 2026
What else do investors need to know?
Argo Infrastructure delivered its 17th consecutive fully franked dividend, bringing total dividends paid to shareholders since the company's 2015 inception to 77.25 cents per share. The company's diversified approach, managed by global specialist Cohen & Steers, has consistently outperformed across multiple timeframes.
AI-driven demand for data centres has spurred growth among holdings like Entergy, which gained 38% this year after securing a major power supply contract with Google. Exposure to utilities supporting technology giants such as Meta and Microsoft also contributed positively to returns.
What did Argo Infrastructure management say?
Managing Director Jason Beddow said:
We're pleased that our global infrastructure portfolio not only delivered strong returns but continues to provide diversification and income for our shareholders, particularly in a year marked by volatility and rapid technological change.
What's next for Argo Infrastructure?
Looking ahead, Argo Infrastructure expects the global listed infrastructure sector to remain resilient, underpinned by persistent demand for energy, especially from data centre expansion and digitalisation trends. While geopolitical and regulatory risks remain, the company sees ongoing opportunity in electric utilities and gas distribution.
Longer term, the board is optimistic that private investment in infrastructure, particularly connected to the rise in AI and cloud computing, will be essential as governments alone cannot meet soaring capital expenditure needs.
Argo Infrastructure share price snapshot
Over the past 12 months, Argo Infrastructure shares have risen 9%, outpacing the All Ordinaries Index (ASX: XAO), which is flat over the same period.
