Argo Investments announces strong profit and record dividends for 2025

Argo Investments Limited announced a profit of A$259.8 million for 2025, up 2.7% from A$253.0 million in 2024. This was supported by a 7.7% increase in total dividend income, including A$15.6 million in special dividends and A$7.0 million in demerger dividends. Full-year dividends per share rose by 7.2% to 37.0 cents, fully franked, including a 7.0 cents per share LIC capital gain component. The company's total assets grew to A$8.0 billion, an increase of 8.6% from A$7.4 billion in 2024, with net tangible assets per share reaching A$10.43.

The company's investment portfolio delivered a +13.3% return after costs and tax, slightly below the S&P/ASX 200 Accumulation Index return of +13.8%. This was attributed to an underweight position in the Financials sector, partially offset by an overweight in Information Technology. Argo continues its long-term strategy, having paid dividends for 79 consecutive years, and maintains a low management expense ratio of 0.15%.

The Annual General Meeting for 2025 will be held on Wednesday, 22 October 2025, in Adelaide, with a simultaneous livestream available. Peter Warne, appointed chairman on January 1, 2025, stated the company's focus remains on sustainably growing fully franked dividends and accelerating the distribution of franking credits.