Argo Investments Dividend
What is Argo Investments's current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
3.58%
Current Dividend Yield
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 2/6/2023 | 0.34 | 3.58 |
| 8/16/2022 | 0.34 | 3.75 |
| 2/8/2022 | 0.32 | 3.39 |
| 8/16/2021 | 0.28 | 2.92 |
| 8/16/2020 | 0.3 | 3.57 |
| 2/2/2020 | 0.33 | 4.45 |
| 8/12/2019 | 0.33 | 3.91 |
| 2/3/2019 | 0.32 | 4.05 |
| 8/12/2018 | 0.32 | 4.04 |
| 2/4/2018 | 0.27 | 3.32 |
| 8/21/2017 | 0.26 | 3.25 |
| 8/14/2017 | 0.31 | 3.87 |
| 8/13/2017 | 0.26 | 3.26 |
| 2/5/2017 | 0.3 | 3.98 |
| 8/7/2016 | 0.3 | 4.13 |
| 1/31/2016 | 0.3 | 4.17 |
| 9/22/2015 | 0.29 | 3.85 |
| 8/2/2015 | 0.29 | 3.71 |
| 2/1/2015 | 0.28 | 3.55 |
| 9/22/2014 | 0.28 | 3.61 |
| 8/3/2014 | 0.28 | 3.55 |
| 2/2/2014 | 0.27 | 3.66 |
| 9/22/2013 | 0.27 | 3.71 |
| 8/4/2013 | 0.27 | 3.85 |
| 8/5/2012 | 0.26 | 4.25 |
Stable Dividend: ARG's dividend payments have been volatile in the past 10 years.
Growing Dividend: ARG's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Argo Investments Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ARG) | 3.6% |
| Market Bottom 25% (AU) | 2.5% |
| Market Top 25% (AU) | 6.7% |
| Industry Average (Capital Markets) | 4.1% |
| Analyst forecast in 3 Years (ARG) | n/a |
Notable Dividend: ARG's dividend (3.58%) is higher than the bottom 25% of dividend payers in the Australian market (2.5%).
High Dividend: ARG's dividend (3.58%) is low compared to the top 25% of dividend payers in the Australian market (6.57%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (77.3%), ARG's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (130.7%), ARG's dividend payments are not well covered by cash flows.