Fully franked interim dividend of 14.0 cents per share
Argo has more than 94,000 shareholders
Management expense ratio (MER) of 0.15%
Argo was established in 1946 in Adelaide
Argo Investments Limited (ASX code: ARG) is an Australian listed investment company. Argo's objective is to maximise long-term returns to shareholders through a balance of capital and dividend growth. It does this by investing in a diversified Australian equities portfolio which is actively managed in a low cost structure in a tax-aware manner.
Argo was established in 1946 and today has over 94,000 shareholders and a $6.2 billion portfolio invested across approximately 100 different equity holdings and cash.
Argo shares offer investors a professionally managed, diversified and easily traded exposure to the Australian equity market, without the need to pay fees to an investment manager.