Argo Investments Limited Announces Final Dividend of $0.17 (ASX:ARG)

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Argo Investments Limited (ASX:ARG) announced a final dividend on Tuesday, August 13th, MarketIndexAU reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.17 per share on Friday, September 13th. This represents a dividend yield of 2.05%. The ex-dividend date of this dividend is Friday, August 23rd.

ASX:ARG opened at A$8.33 ($5.91) on Wednesday. The stock has a market capitalization of $5.95 billion and a price-to-earnings ratio of 22.15. Argo Investments has a fifty-two week low of A$7.47 ($5.30) and a fifty-two week high of A$8.59 ($6.09). The company’s 50 day moving average is A$8.23.

Argo Investments Company Profile

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.

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