Argo Investments Limited (ASX:ARG – Get Free Report) announced a interim dividend on Tuesday, February 4th,MarketIndexAU Dividends reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.17 per share on Thursday, March 13th. This represents a yield of 1.88%. The ex-dividend date of this dividend is Thursday, February 6th. This is a positive change from Argo Investments’s previous interim dividend of $0.17.
Argo Investments Price Performance
The company has a debt-to-equity ratio of 0.03, a current ratio of 4.12 and a quick ratio of 4.34.
Insider Activity
In related news, insider Melissa Holzberger acquired 5,572 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The shares were bought at an average price of A$8.99 ($5.58) per share, with a total value of A$50,092.28 ($31,113.22). Company insiders own 3.87% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Argo Investments
- What Investors Need to Know to Beat the Market
- Gold Stocks Shine as Prices Hit Record Highs—Top 3 Picks
- Why Are Stock Sectors Important to Successful Investing?
- Ally Financial: The Tugboat of Auto Finance Keeps Gaining Steam
- What is a Dividend King?
- Cigna Misses EPS: What It Means for the Health Insurance Industry
Receive News & Ratings for Argo Investments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argo Investments and related companies with MarketBeat.com's FREE daily email newsletter.
