tiprankstipranks
Argo Infrastructure Announces Record Dividend
Company Announcements

Argo Infrastructure Announces Record Dividend

Argo Global Listed Infrastructure Ltd. (AU:ALI) has released an update.

Don't Miss our Black Friday Offers:

Argo Global Listed Infrastructure Ltd reported a full-year profit of $12.8 million and announced a record final dividend of 5.0 cents per share, up from last year’s 4.5 cents. Despite the challenges of high inflation and market volatility, the company’s infrastructure investments saw a positive return of 4.8%, beating the benchmark index. The company’s performance reflects the resilience of inflation-linked revenue streams in the infrastructure sector.

For further insights into AU:ALI stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskArgo Global Infrastructure Sees Strong Portfolio Growth
TipRanks Australian Auto-Generated NewsdeskArgo Global Infrastructure Sees Strong Gains in Q3
TipRanks Australian Auto-Generated NewsdeskArgo Global Listed Infrastructure Reports AGM Success
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App