Latest NTA & investment update
See our latest NTA and investment update for latest month-end NTA figures, market commentary and top 20 investments.
Annual
General Meeting
Argo Investments’ 2024 Annual General Meeting was held on 21 October 2024 at 10.00am at the Adelaide Convention Centre.
Argo reports $253m profit & maintains record high fully franked final dividend
Argo Investments reports a full year profit of $253 million. The Board declared a final dividend of 18 cents per share, fully franked.
Environment, Social and Governance (ESG) Statement
Argo is acutely aware that a company’s financial sustainability and share price performance is impacted by a range of issues relating to ESG factors.
Q&A with our
Managing Director
Managing Director Jason Beddow discusses inflation, interest rates and the outlook for Australia’s share market with Communications Manager Meredith Hemsley.
At a glance
34.5¢ |
---|
FY2024 fully franked annual dividend of 34.5 cents per share |
---|
93,000 |
---|
Argo has approximately 93,000 shareholders |
---|
0.15% |
---|
Management expense ratio (MER) of 0.149% |
---|
1946 |
---|
Argo was established in 1946 in Adelaide |
---|
$10.06 |
---|
Latest NTA per share
15 November 2024 |
---|
$9.01 |
---|
Latest share price
(ASX price delayed by 20 min.)
Benefits of investing
Low-cost,
internally managed
Internal management structure ensures low operating costs and no external fees
Fully-franked,
sustainable dividends
Dividends paid every year since inception in 1946 and fully franked since 1995
Diversified and administratively simple
Exposure to a diversified portfolio of Australian equities through a single ASX trade
Long-term, proven
investment approach
Resilience and growth through various market cycles and conditions over 75 years
Experienced board and management team
Highly experienced management with strong governance and conservative culture
Strong balance sheet
with no debt
A strong balance sheet and no debt allows a long-term approach to investing
Investing for our shareholders since 1946
For more than 75 years, we have consistently applied our long-term investment approach and remained focused on providing low-cost, exposure to the Australian share market. Our objective is to maximise long-term returns to our shareholders through reliable fully franked dividend income and capital growth.