Declared Dividend • Feb 11
First half dividend increased to AU$0.18 Dividend of AU$0.18 is 8.8% higher than last year. Ex-date: 13th February 2026 Payment date: 20th March 2026 Dividend yield will be 4.2%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not covered by earnings (109% earnings payout ratio) nor is it covered by cash flows (136% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 21% to bring the payout ratio under control, which is more than the 12% EPS growth achieved over the last 5 years. Announcement • Jan 05
Argo Investments Limited to Report First Half, 2026 Results on Feb 09, 2026 Argo Investments Limited announced that they will report first half, 2026 results on Feb 09, 2026 New Risk • Aug 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 123% Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end). Declared Dividend • Aug 06
First half dividend increased to AU$0.20 Dividend of AU$0.20 is 11% higher than last year. Ex-date: 8th August 2025 Payment date: 12th September 2025 Dividend yield will be 3.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (123% cash payout ratio). The dividend has increased by an average of 2.3% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control. However, EPS has declined by 1.7% over the last 5 years so the company would need to reverse this trend. Announcement • Jul 07
Argo Investments Limited to Report Fiscal Year 2025 Results on Aug 04, 2025 Argo Investments Limited announced that they will report fiscal year 2025 results on Aug 04, 2025 Announcement • Jul 03
Argo Investments Limited, Annual General Meeting, Oct 22, 2025 Argo Investments Limited, Annual General Meeting, Oct 22, 2025. New Risk • Mar 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 110% Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Declared Dividend • Feb 05
Final dividend of AU$0.17 announced Shareholders will receive a dividend of AU$0.17. Ex-date: 7th February 2025 Payment date: 14th March 2025 Dividend yield will be 3.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 2.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. However, EPS has declined by 4.2% over the last 5 years so the company would need to reverse this trend. Announcement • Jan 03
Argo Investments Limited to Report First Half, 2025 Results on Feb 03, 2025 Argo Investments Limited announced that they will report first half, 2025 results on Feb 03, 2025 Announcement • Oct 21
Argo Investments Limited Announces Board Succession Argo Investments announced the retirement of Russell Higgins AO as Chairman and Non-executive Director of the Board, effective from 31 December 2024 and the appointment of current Non-executive Director, Peter Warne to succeed Mr. Higgins as its new Chairman, effective from 1 January 2025. Mr. Higgins has been a member of the Argo Board since 2011, and on 1 July 2018 was appointed Chairman of Argo Investments Limited and its subsidiary company, Argo Service Company Pty Ltd. Mr. Higgins has made a substantial contribution to Argo over many years and his commercial acumen, in-depth economic and industry expertise, corporate knowledge and public sector experience will be greatly missed. The Board and staff of Argo have appreciated Mr. Higgins's calm and capable leadership, wise counsel and collegiate support. Mr. Warne has been a Non-executive Director of Argo since 2022 and is Chair of the Remuneration Committee. He is an experienced company director with extensive knowledge of the financial services and investment banking sectors. He is currently also the Chairman of IPH and his former ASX-listed Board roles include Chairman of Macquarie Group, ALE Property Group and OFX Group, and Non-executive Director of ASX. Announcement • Sep 20
Argo Investments Limited, Annual General Meeting, Oct 21, 2024 Argo Investments Limited, Annual General Meeting, Oct 21, 2024. Location: the adelaide convention centre, north terrace, adelaide, adelaide Australia Declared Dividend • Aug 07
Final dividend of AU$0.18 announced Shareholders will receive a dividend of AU$0.18. Ex-date: 16th August 2024 Payment date: 13th September 2024 Dividend yield will be 3.9%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio) nor is it covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. However, EPS has declined by 4.2% over the last 5 years so the company would need to reverse this trend. Announcement • Jul 02
Argo Investments Limited to Report Fiscal Year 2024 Results on Aug 05, 2024 Argo Investments Limited announced that they will report fiscal year 2024 results on Aug 05, 2024 Announcement • Jun 01
Argo Investments Limited Announces Chief Financial Officer Changes Argo Investments Limited announced the retirement of its long-serving Chief Financial Officer, Mr. Andrew Hill, on 31 August 2024 and the promotion of Mr. Stephen Mortimer, currently Finance Officer at Argo, as his successor with effect from 1 September 2024. Andrew joined Argo as an accountant in 1993. He was appointed Chief Financial Officer in 2010 and has served the Company with distinction for over 30 years. Andrew's diligence, consistency and in-depth knowledge of investment accounting and tax has been of great value to the Company. His experience, loyalty and commitment to Argo and its shareholders over three decades has also provided a sound base through various cycles, events, mergers and acquisitions. Stephen joined Argo in 2012 as Operations Officer and was promoted to Finance Officer in 2023, working closely in the Adelaide office with the Chief Financial Officer throughout this period. He is an experienced accountant and also manages the Company's information technology requirements. Prior to joining Argo, Stephen worked in accounting firms Deloitte and Schulz Hobbs, providing taxation, accounting and general business advice to clients across a range of industries. He is a Certified Practising Accountant (CPA) and a Graduate of the Australian Institute of Company Directors (GAICD). Upcoming Dividend • Feb 09
Upcoming dividend of AU$0.17 per share at 3.8% yield Eligible shareholders must have bought the stock before 16 February 2024. Payment date: 08 March 2024. The company is paying out more than 100% of its profits and is paying out 77% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Australian dividend payers (6.6%). In line with average of industry peers (3.8%). Declared Dividend • Feb 07
First half dividend of AU$0.17 announced Shareholders will receive a dividend of AU$0.17. Ex-date: 16th February 2024 Payment date: 8th March 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (100% earnings payout ratio) nor is it adequately covered by cash flows (97% cash payout ratio). The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. However, EPS has declined by 1.8% over the last 5 years so the company would need to reverse this trend. Announcement • Feb 05
Argo Investments Limited Declares Fully Franked Interim Dividend for the Half-Year to 31 December 2023, Payable on 8 March 2024 The Directors of Argo Investments Limited have declared a fully franked interim dividend of 16.5 cents per share for the half-year to 31 December 2023 compared with 16.5 cents per share paid for the half-year to 31 December 2022. This dividend totals $125.2 million, compared with $124.2 million in the previous corresponding period and will be paid on 8 March 2024. The record date for determining entitlements to the interim dividend is 19 February 2024. Announcement • Sep 15
Argo Investments Limited Declares Fully Franked Final Dividend Argo Investments Limited Board declared a fully franked final dividend of 18.0 cents per share. Together with the interim dividend of 16.5 cents per share, annual fully franked dividends for the financial year totalled 34.5 cents per share, representing an increase of +4.5% on the previous year. Notably, both the interim and final fully franked dividends represent record highs for Argo. Upcoming Dividend • Aug 18
Upcoming dividend of AU$0.18 per share at 3.9% yield Eligible shareholders must have bought the stock before 25 August 2023. Payment date: 15 September 2023. Payout ratio and cash payout ratio are on the higher end at 96% and 87% respectively. Trailing yield: 3.9%. Lower than top quartile of Australian dividend payers (7.4%). Lower than average of industry peers (4.6%). New Risk • Aug 15
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 111% Dividend yield: 3.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. New Risk • Aug 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Dividend is not well covered by cash flows (122% cash payout ratio). Upcoming Dividend • Feb 10
Upcoming dividend of AU$0.17 per share at 3.6% yield Eligible shareholders must have bought the stock before 17 February 2023. Payment date: 10 March 2023. Payout ratio and cash payout ratio are on the higher end at 78% and 95% respectively. Trailing yield: 3.6%. Lower than top quartile of Australian dividend payers (6.7%). Lower than average of industry peers (4.1%). Announcement • Feb 06
Argo Investments Limited Announces Interim Fully Franked Dividend, Payable on 10 March, 2023 Argo Investments Limited announced Interim fully franked dividend of 16.5 cents compared to previous corresponding period of 16.0 cents with record date of 20 February 2023 and payable on 10 March, 2023. Announcement • Nov 01
Argo Investments Limited Announces the Appointment of Peter Warne as an Independent Non-Executive Director Argo Investments Limited announced the appointment of Mr. Peter Warne as an independent Non-executive Director with effect from 1 November 2022. Mr. Warne is an experienced director with extensive knowledge of the financial services and investment banking sectors. An actuary by background, his executive career included a number of senior roles at Bankers Trust Australia, including as head of its global Financial Markets Group. Mr. Warne's previous non-executive director roles include as Chairman of Macquarie Group, ALE Property Group, OFX Group and New South Wales Treasury Corporation. He was also a non-executive director of Crowe Horwath, Sydney Futures Exchange and ASX. He is currently Chairman of IPH and St Andrews Cathedral School Foundation, and a non-executive member of the NSW Net Zero Emissions and Clean Economy Board. Recent Insider Transactions • Oct 19
Independent Non-Executive Director recently bought AU$89k worth of stock On the 17th of October, Lianne Buck bought around 10k shares on-market at roughly AU$8.87 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold AU$62k more in shares than they bought in the last 12 months. Announcement • Sep 23
Argo Investments Limited Announces Retirement of Anne Brennan as Non-Executive Director, Effective from 24 October 2022 Argo Investments Ltd. announced the retirement of Ms. Anne Brennan, effective from the close of the Annual General Meeting on 24 October 2022. Ms. Brennan joined Argo's Board in 2011 and is Chair of the Audit & Risk Committee. Ms. Brennan has made a significant contribution to the Company as a Non-executive Director, in particular her diligence and rigor around financial reporting has been greatly appreciated. Her extensive experience as a director of a number ASX-listed and government-owned corporations across a broad range of industries has been valuable to Argo throughout her 11-year tenure. Announcement • Sep 16
Argo Investments Limited Declares Fully Franked Final Dividend Argo Investments Limited Board declared a fully franked final dividend of 17 cents per share. Together with the interim dividend of 16 cents per share, annual fully franked dividends for the financial year totalled 33 cents per share, an increase of +17.9% on the previous year. Notably, the annual dividend equals the amount paid in the 2019 financial year, before the considerable impacts of the global COVID pandemic on share market returns. Upcoming Dividend • Aug 19
Upcoming dividend of AU$0.17 per share Eligible shareholders must have bought the stock before 26 August 2022. Payment date: 16 September 2022. Payout ratio and cash payout ratio are on the higher end at 77% and 90% respectively. Trailing yield: 3.5%. Lower than top quartile of Australian dividend payers (6.4%). In line with average of industry peers (3.8%). Announcement • Aug 15
Argo Investments Limited Announces Ordinary Fully Paid Dividend for the Six Months Ended June 30, 2022, Payable on September 16, 2022 Argo Investments Limited announced Ordinary Fully Paid dividend of AUD 0.17000000 per share for the six months ended June 30, 2022. Ex Date is August 26, 2022. Record Date is August 29, 2022. Payment Date is September 16, 2022. Announcement • Jul 05
Argo Investments Limited, Annual General Meeting, Oct 24, 2022 Argo Investments Limited, Annual General Meeting, Oct 24, 2022. Announcement • Jun 30
Argo Investments Limited Announces Board Changes Argo Investments announced non-executive director retirement and appointment. As part of its Board succession plan, Argo Investments Ltd. (Argo) announced the retirement of Ms. Joycelyn Morton on 30 June 2022 and the appointment of Ms. Lianne Buck with effect from 1 July 2022. Ms. Morton joined Argo's Board in 2012 and is a member of the Audit & Risk Committee. As an experienced director of many ASX-listed and large government-owned corporations over her career, her strong financial background and team-first nature has been important to Argo throughout the decade of her tenure. Ms. Morton was also closely involved in Argo's project to establish a new listed investment company for international investing, Argo Global Listed Infrastructure Ltd. becoming a founding director of that company in 2015. The Board expresses its gratitude to Ms. Morton for her diligence, valuable insight and enthusiasm displayed consistently over the past 10 years. The Directors are delighted to appoint Ms. Lianne Buck to join the Board as an independent Non-executive Director. Ms. Buck has over 20 years of experience in Australian and global investment markets. She commenced her executive career in Canada as a Chartered Accountant before working in various roles for Macquarie Group, Westpac Banking Corporation, Hastings Funds Management and NSW Treasury Corporation where she was Head of Direct Investments and Infrastructure. She has a Bachelor of Commerce degree and is a member of the Australian Institute of Company Directors. Ms. Buck is an experienced company director and is currently also a Non-executive Director of AusNet Services and ISPT Pty Ltd. Previously she served on the Boards of Spark Infrastructure, Australian Pacific Airports Corporation and Utilities Trust of Australia Pty Ltd. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. Independent Non-Executive Director Liz Lewin was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Feb 18
MD & Non-Independent Executive Director recently sold AU$150k worth of stock On the 17th of February, Jason Beddow sold around 15k shares on-market at roughly AU$10.02 per share. This was the largest sale by an insider in the last 3 months. This was Jason's only on-market trade for the last 12 months. Upcoming Dividend • Feb 11
Upcoming dividend of AU$0.16 per share Eligible shareholders must have bought the stock before 18 February 2022. Payment date: 11 March 2022. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.1%. Lower than top quartile of Australian dividend payers (5.5%). Lower than average of industry peers (3.5%). Announcement • Feb 07
Argo Investments Limited Declares Interim Fully Franked Dividend, Payable on 11 March 2022 Argo Investments Limited declares Interim fully franked dividend of 16.0 cents, payable on 11 March 2022 (previous corresponding period 14.0 cents fully franked). Record date for determining entitlements to the interim dividend is February 21, 2022. Upcoming Dividend • Aug 20
Upcoming dividend of AU$0.14 per share Eligible shareholders must have bought the stock before 27 August 2021. Payment date: 17 September 2021. Trailing yield: 2.9%. Lower than top quartile of Australian dividend payers (5.0%). In line with average of industry peers (3.0%). Is New 90 Day High Low • Feb 08
New 90-day high: AU$8.94 The company is up 15% from its price of AU$7.78 on 10 November 2020. The Australian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 1.0% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: AU$8.70 The company is up 15% from its price of AU$7.57 on 16 October 2020. The Australian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 2.0% over the same period. Announcement • Dec 31
Argo Investments Limited to Report First Half, 2021 Results on Feb 08, 2021 Argo Investments Limited announced that they will report first half, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Dec 14
New 90-day high: AU$8.48 The company is up 12% from its price of AU$7.56 on 15 September 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Capital Markets industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 13
New 90-day high: AU$8.00 The company is up 4.0% from its price of AU$7.67 on 14 August 2020. The Australian market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 6.0% over the same period. Announcement • Jul 06
Argo Investments Limited to Report Fiscal Year 2020 Results on Aug 17, 2020 Argo Investments Limited announced that they will report fiscal year 2020 results at 10:50 PM, GMT Standard Time on Aug 17, 2020 
