Argo Investments Limited (ASX: ARG) Share Price and News
Price
Movement
52 Week Range
1 Year Return
() Chart and Price Data
Fundamental Company Figures
Data provided by Morningstar.Argo Investments Limited (ASX: ARG) Latest News
Which ASX 200 shares are investors buying during coronavirus?
Tristan Harrison | April 9, 2020 4:39pm
Dividend Payment History
Data provided by Morningstar.| Ex-Date | Amount | Franking | Type | Payable |
|---|---|---|---|---|
| 28 Aug 2020 | $0.1400 | 100.00% | Final | 18 Sep 2020 |
| 14 Feb 2020 | $0.1600 | 100.00% | Interim | 06 Mar 2020 |
| 23 Aug 2019 | $0.1700 | 100.00% | Final | 13 Sep 2019 |
| 15 Feb 2019 | $0.1600 | 100.00% | Interim | 08 Mar 2019 |
| 24 Aug 2018 | $0.1600 | 100.00% | Final | 14 Sep 2018 |
| 16 Feb 2018 | $0.1550 | 100.00% | Interim | 09 Mar 2018 |
| 25 Aug 2017 | $0.1600 | 100.00% | Final | 15 Sep 2017 |
| 17 Feb 2017 | $0.1500 | 100.00% | Interim | 10 Mar 2017 |
| 23 Aug 2016 | $0.1550 | 100.00% | Final | 09 Sep 2016 |
| 11 Feb 2016 | $0.1500 | 100.00% | Interim | 04 Mar 2016 |
| 17 Aug 2015 | $0.1550 | 100.00% | 02 Sep 2015 | |
| 12 Feb 2015 | $0.1400 | 100.00% | 04 Mar 2015 | |
| 18 Aug 2014 | $0.1450 | 100.00% | 03 Sep 2014 | |
| 15 Aug 2013 | $0.1350 | 100.00% | Final | 04 Sep 2013 |
| 11 Feb 2013 | $0.1300 | 100.00% | Interim | 04 Mar 2013 |
| 14 Aug 2012 | $0.1300 | 100.00% | Final | 05 Sep 2012 |
| 14 Feb 2012 | $0.1300 | 100.00% | Interim | 07 Mar 2012 |
| 12 Feb 2009 | $0.1400 | 100.00% | Interim | 04 Mar 2009 |
| 14 Aug 2007 | $0.3300 | 39.39% | Final | 05 Sep 2007 |
Yearly Dividend Payment Chart
Data provided by Morningstar.Recent Stock Announcements
| Date | Heading | An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security. | Time | Pages | File Size |
|---|---|---|---|---|---|
About Argo Investments Limited (ASX: ARG)
Argo Investments Limited (ASX: ARG) is a listed investment company (LIC) headquartered Adelaide, South Australia. The company has created a diversified portfolio of around 100 ASX listed companies. According to Argo, it maintains a conservative investment style, with more than 60% of the value of its portfolio comprised of the 20 largest, blue chip holdings.
As at October 2020, Argo Investments has a market capitalisation of around $5.5 billion placing it within the S&P/ASX 100 Index (ASX: XTO). The LIC aims to provide shareholders with long-term growth as well as reliable dividend income. The company primarily generates revenue through harvesting the dividends received from the holdings within its portfolio. The bulk of the profit generated by Argo is then paid to its shareholders in the form of fully franked dividends.
The LIC also manages Argo Global Listed Infrastructure Ltd (ASX: ALI) which provides investors with the opportunity to invest in listed securities within the global infrastructure sector. Some of the fund’s holdings include international airports, roads, utilities, and satellites.
Argo Investments was established in 1946 and first listed on the ASX in 1963. Over the course of the company’s history, it has made a number of acquisitions. The Argo share price was hit hard by the February/March 2020 crash, falling nearly 40% in a little over one month. The company’s shares did, however, rebound strongly and went on the recover much of those losses.
Share Price History
Data provided by Morningstar.| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 03 Dec 2020 | $8.18 | $0.04 | 0.49% | 107,246 | $8.16 | $8.23 | $8.15 |
| 02 Dec 2020 | $8.14 | $-0.10 | -1.21% | 288,849 | $8.24 | $8.27 | $8.12 |
| 01 Dec 2020 | $8.24 | $0.04 | 0.49% | 124,349 | $8.20 | $8.36 | $8.19 |
| 30 Nov 2020 | $8.20 | $-0.09 | -1.09% | 195,646 | $8.27 | $8.28 | $8.20 |
| 27 Nov 2020 | $8.29 | $0.03 | 0.36% | 202,605 | $8.28 | $8.31 | $8.18 |
| 26 Nov 2020 | $8.26 | $-0.04 | -0.48% | 205,799 | $8.27 | $8.29 | $8.23 |
| 25 Nov 2020 | $8.30 | $0.04 | 0.48% | 289,242 | $8.31 | $8.45 | $8.28 |
| 24 Nov 2020 | $8.26 | $0.09 | 1.10% | 213,189 | $8.19 | $8.30 | $8.19 |
| 23 Nov 2020 | $8.17 | $-0.03 | -0.37% | 247,627 | $8.21 | $8.25 | $8.17 |
| 20 Nov 2020 | $8.20 | $-0.09 | -1.09% | 153,189 | $8.29 | $8.30 | $8.19 |
| 19 Nov 2020 | $8.29 | $0.07 | 0.85% | 255,478 | $8.21 | $8.29 | $8.13 |
| 18 Nov 2020 | $8.22 | $0.02 | 0.24% | 174,762 | $8.25 | $8.28 | $8.20 |
| 17 Nov 2020 | $8.20 | $0.16 | 1.99% | 342,679 | $8.07 | $8.20 | $8.06 |
| 16 Nov 2020 | $8.04 | $0.04 | 0.50% | 30,813 | $8.00 | $8.05 | $8.00 |
| 13 Nov 2020 | $8.00 | $0.13 | 1.65% | 251,296 | $7.91 | $8.00 | $7.88 |
| 12 Nov 2020 | $7.87 | $-0.07 | -0.88% | 228,170 | $7.95 | $7.97 | $7.84 |
| 11 Nov 2020 | $7.94 | $0.16 | 2.06% | 268,213 | $7.77 | $7.95 | $7.76 |
| 10 Nov 2020 | $7.78 | $0.13 | 1.70% | 356,265 | $7.79 | $7.88 | $7.68 |
| 09 Nov 2020 | $7.65 | $0.09 | 1.19% | 454,008 | $7.62 | $7.72 | $7.55 |
| 06 Nov 2020 | $7.56 | $-0.01 | -0.13% | 206,630 | $7.61 | $7.62 | $7.54 |
| 05 Nov 2020 | $7.57 | $0.06 | 0.80% | 181,006 | $7.55 | $7.61 | $7.50 |
| 04 Nov 2020 | $7.51 | $-0.03 | -0.40% | 160,857 | $7.54 | $7.57 | $7.50 |
| 03 Nov 2020 | $7.54 | $0.09 | 1.21% | 137,483 | $7.50 | $7.55 | $7.49 |
Director Transactions
Data provided by Morningstar.Directors & Management
Data provided by Morningstar.Top Share Holders
Data provided by Morningstar.| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees (Australia) Limited | 10,405,666 | 1.44% |
| Rcy Pty. Limited | 6,166,887 | 0.86% |
| Jit Pty. Limited | 4,950,972 | 0.69% |
| Australian Executor Trustee Limited | 3,375,047 | 0.47% |
| Trigt Pty. Limited | 2,852,478 | 0.40% |
| Nulis Nominees (Australia) Limited | 2,707,388 | 0.38% |
| Mclennan Australia Corporation Pty. Ltd. | 2,329,043 | 0.32% |
| Netwealth Investments Limited | 2,317,819 | 0.32% |
| Navigator Australia Ltd. | 2,253,951 | 0.31% |
| Citicorp Nominees Pty. Limited | 2,196,451 | 0.30% |
| Milton Corporation Limited | 1,880,841 | 0.26% |
| Donald Cant Pty. Ltd. | 1,874,225 | 0.26% |
| Kalymna Pty. Ltd. | 1,608,087 | 0.22% |
| Salur Holdings Pty. Limited | 1,454,621 | 0.20% |
| Bougainville Copper Limited | 1,440,000 | 0.20% |
| Poplar Pty. Ltd. | 1,285,942 | 0.18% |
| Jacaranda Pastoral Pty. Ltd. | 1,212,614 | 0.17% |
| Hsbc Custody Nominees (Australia) Limited I | 1,059,667 | 0.15% |
| Ling Nominees Pty. Ltd. | 1,056,195 | 0.15% |
| Australian Executor Trustees Limited | 1,040,277 | 0.14% |