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Argo Investments Limited (ASX: ARG) Share Price and News

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Fundamental Company Figures

Data provided by Morningstar.
Market Cap $5.91 billion
P/E Ratio N/A
Dividend Yield 3.41%
Shares Outstanding 722.66 million
Earnings per share N/A
Dividend per share N/A
Year To Date Return -15.11%
Earnings Yield N/A
Franking 100%

Argo Investments Limited (ASX: ARG) Latest News

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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
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Yearly Dividend Payment Chart

Data provided by Morningstar.

Recent Stock Announcements

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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
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Director Transactions

Data provided by Morningstar.
Date Director Type Amount Value Notes
15 Oct 2020 Jason Beddow Buy 13 $104,597
18 Sep 2020 Anne Brennan Issued 301 $2,284
18 Sep 2020 Elizabeth Lewin Issued 244 $1,851
18 Sep 2020 Russell Higgins Issued 1 $14,147
18 Sep 2020 Joycelyn Morton Issued 496 $3,764
06 Mar 2020 Anne Brennan Issued 291 $2,566
06 Mar 2020 Russell Higgins Issued 1 $15,876
06 Mar 2020 Joycelyn Morton Issued 479 $4,224
06 Mar 2020 Elizabeth Lewin Issued 236 $2,081
04 Feb 2020 Christopher (Chris) Cuffe Buy 643 $5,671
08 Jan 2020 Jason Beddow Transfer 720 $6,415
13 Dec 2019 Jason Beddow Buy 53 $459,996
13 Dec 2019 Jason Beddow Transfer 11 $101,290
13 Dec 2019 Jason Beddow Transfer 11 $101,290
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Directors & Management

Data provided by Morningstar.
Name Title StartDate Profile
Mr Christopher (Chris) Edgar Cuffe Non-Executive Director Aug 2016
Mr Roger Andrew Davis Non-Executive Director Jun 2012
Mr Russell Allan Higgins Non-Executive Director,Non-Executive Chairman Sep 2011
Ms Anne Bernadette Brennan Non-Executive Director Sep 2011
Ms Joycelyn Cheryl Morton Non-Executive Director Mar 2012
Mr Jason Beddow Managing Director Mar 2010
Ms Elizabeth Anne Lewin Non-Executive Director Jul 2018
Mr Timothy (Tim) Campbell Agar Binks Company Secretary,Chief Operating Officer Jul 2015
Timothy (Tim) Campbell Agar Binks Company Secretary,Chief Operating Officer
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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%
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