ASX:ARG
ASX:ARGCapital Markets

How Investors Are Reacting To Argo Investments (ASX:ARG) Dividend Declaration and Board Appointment

Argo Investments Limited has announced an upcoming fully franked ordinary dividend of A$0.20 per share for the six months ended June 30, 2025, with payment scheduled for September 12, 2025 and ex-date set for August 8, 2025. In addition, the company revealed that Mr. Symon Parish, a funds management veteran with over three decades of industry experience, will join the board as an independent Non-executive Director from October 3, 2025. With the appointment of an experienced board member and...
ASX:AFI
ASX:AFICapital Markets

Is AFIC’s Move Into Biotechnology a Meaningful Shift in Its Capital Allocation Strategy (ASX:AFI)?

Australian Foundation Investment Company recently reported a decline in full-year profit, driven by lower dividends following a reduction in bank holdings, but maintained its final dividend and declared a special fully franked dividend, which lifted total dividend payments by 21%. This period also saw the company reshape its portfolio by reducing certain exposures and adding new investments like Telix Pharmaceuticals, reflecting a shift towards growth opportunities in targeted cancer...