Argo Investments Limited (ASX:ARG – Get Free Report) announced a interim dividend on Tuesday, February 4th,MarketIndexAU Dividends reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.17 per share on Thursday, March 13th. This represents a dividend yield of 1.88%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Argo Investments’s previous interim dividend of $0.17.
Argo Investments Stock Performance
The company has a debt-to-equity ratio of 0.03, a quick ratio of 4.34 and a current ratio of 4.12.
Insiders Place Their Bets
In other Argo Investments news, insider Melissa Holzberger acquired 5,572 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was bought at an average cost of A$8.99 ($5.58) per share, for a total transaction of A$50,092.28 ($31,113.22). Corporate insiders own 3.87% of the company’s stock.
Argo Investments Company Profile
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.
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