Argo Investments Limited (ASX:ARG) Declares Interim Dividend of $0.19

Argo Investments Limited (ASX:ARG) announced a interim dividend on Tuesday, February 10th, MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 19th will be given a dividend of 0.185 per share on Thursday, March 19th. This represents a dividend yield of 202.0%. The ex-dividend date is Thursday, February 12th.

Argo Investments Stock Performance

The company has a current ratio of 4.13, a quick ratio of 4.34 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $6.86 billion, a PE ratio of 27.02 and a beta of 0.62.

About Argo Investments

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. Argo Investments Limited was founded in 1946 and is based in Adelaide, Australia with an additional office in Sydney, Australia.