Argo Global Listed Infrastructure Ltd. ( (AU:ALI) ) just unveiled an announcement.
Argo Global Listed Infrastructure Ltd. reported a half-year accounting profit of $49.5 million and maintained its record high interim dividend of 4 cents per share, fully franked, amid a broader sell-off in global and Australian equities. The company’s portfolio demonstrated resilience with a positive return of 2.2% in February, driven by strong performance in rate-sensitive subsectors like Communications, despite challenges in freight transportation due to US tariff policy fluctuations.
More about Argo Global Listed Infrastructure Ltd.
Argo Global Listed Infrastructure Ltd. provides exposure to a diverse portfolio of global infrastructure stocks. The portfolio is actively managed by Cohen & Steers, a leading specialist in global real assets fund management, overseeing over A$110 billion for institutional clients and sovereign wealth funds. The company is listed on the Australian Securities Exchange under the ASX code ‘ALI’.
YTD Price Performance: -0.77%
Average Trading Volume: 2
Technical Sentiment Consensus Rating: Sell
Learn more about ALI stock on TipRanks’ Stock Analysis page.