Dividends
Latest dividend
| 2024 final dividend | 5.0 cents per share fully franked |
|---|---|
| Ex-dividend date | 6 September 2024 |
| Record date | 9 September 2024 |
| Election date for DRP & DSSP participation | 10 September 2024 |
| Payment date | 27 September 2024 |
*Shares allotted under the Dividend Reinvestment Plan (DRP) will be priced at the average market price of ALI shares traded on the Record date and the following three days.
Our dividend track record
Argo Infrastructure’s Board is committed to delivering sustainable dividends with minimal volatility. Since our initial public offering (IPO) in 2015, dividends paid to shareholders have steadily increased, and the last 13 declared dividends have been fully franked.
Annual dividends (cents per share)
Dividend Reinvestment Plan
Argo Infrastructure’s Dividend Reinvestment Plan (DRP) allows shareholders to automatically reinvest their dividends into additional Argo Infrastructure shares, instead of receiving cash dividends. Shares issued under the DRP do not incur brokerage or other transaction costs.
Participation
Shareholders can choose to participate in the DRP with respect of all or part of their shareholding, and can vary their level of participation or withdraw from the DRP at any time.
To participate in the DRP, or amend DRP participation, shareholders can update their own instructions online via the share registry’s online portal InvestorServe or contact the share registry.
More information
For more information, see the DRP Information Memorandum and Terms and Conditions here.
Dividend Substitution Share Plan
Argo Infrastructure’s Dividend Substitution Share Plan (DSSP) is an optional method by which eligible shareholders may receive additional Argo Infrastructure shares as an alternative to receiving dividends. Shares issued under the DSSP do not incur brokerage or other transaction costs.
Where a shareholder forgoes a dividend which would otherwise be franked, the shareholder will not be entitled to a ‘franking credit’ as the shareholder has not received a franked dividend. Specific taxation advice should be obtained by participants.
Participation
Shareholders can choose to participate in the DSSP with respect of all or part of their Argo Infrastructure shareholding, and can vary their level of participation or withdraw from the DSSP at any time.
To participate in the DSSP, or amend DSSP participation, shareholders can update their own instructions online via the share registry’s online portal InvestorServe or contact the share registry.
Historical dividends
For details of all dividends paid by Argo Infrastructure, including payment dates and franking amounts, click here.