Argo Investments Ltd has announced it will pay dividends every three months from the start of next year, while also flagging its dividend payments for the year ahead.
Mr Beddow added that the 40-cent dividend payout next year would be another record high for the company.
Additions to the Argo portfolio over the year included CSL Ltd, Amcor Ltd, and Megaport Ltd.
Argo delivered a full-year return of +8.7% based on net tangible assets return after all costs and adjusted for company tax paid, outperforming the Index, which rose +6.1%, without allowing for any costs.
4 sentences from our version of the report,
chosen to cover it. Nothing here is written; every line is in the article below.
How
Summarized version
Argo Investments Ltd has announced it will pay dividends every three months from the start of next year, while also flagging its dividend payments for the year ahead.
The report’s most important sentence, shortened and in plain words. How
Headline check
There is nothing in this headline a machine can check against the report: no figure, no name and no quotation.
PIIGS Mk 4 map
The original uploader was Snow storm in Eastern Asia at English Wikipedia . / Wikimedia Commons, CC BY
The article, shortened and in plain language
Argo Investments Ltd has announced it will pay dividends every three months from the start of next year, while also flagging its dividend payments for the year ahead.
The listed investment company said it intended to pay four, 10-cent, fully-franked dividends next year, increasing its dividend payments from this year's 38.5 cents.
Mr Beddow added that the 40-cent dividend payout next year would be another record high for the company.
Argo in FY26 posted a profit of $260.2 million, up from $259.8 million the previous year.
The company said its final dividend "includes a listed investment company (LIC) capital gain component of 5 cents per share, reflecting crystallised gains in the portfolio''."
Additions to the Argo portfolio over the year included CSL Ltd, Amcor Ltd, and Megaport Ltd.
Argo said it outperformed the S&P/ASX 200 Index during the year.
Argo delivered a full-year return of +8.7% based on net tangible assets return after all costs and adjusted for company tax paid, outperforming the Index, which rose +6.1%, without allowing for any costs.
Shortened to 1 minute
of reading, this version reads 7 on the Niral Score.
You are reading our version, not theirs.
This is The Motley Fool Australia's report shortened to its most important sentences, in plainer words, with
verdicts and loaded words taken out. Plain description stays, and so do adjectives
that carry a fact, such as "former" or "federal". The reporting, the facts and the quotations
are theirs — quotations are never edited — and the indicators beside it measure
this version. Hover or tap Adjectives to see every one left in the text.
How this outlet filed it, and how we rewrote it
No other newsroom we read has filed on this event, so there is nothing to compare it with yet.
Readers can ask a question about this story here.
Questions and answers are for subscribers.
Sign in
to read them.
Comments are read before they appear where anything in them needs a person to look.
Nothing posted here is ever deleted; a comment taken down keeps its text and the reason,
so the decision can be looked at again. How this works
