Dividends

Latest dividend

2024 interim dividend4.0 cents per share fully franked
Ex-dividend date1 March 2024
Record date4 March 2024
Election date for DRP & DSSP participation5 March 2024
Payment date22 March 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 12 declared dividends have been fully franked. 

Annual dividends (cents per share)

So far for this financial year, only the interim dividend has been declared.

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. 

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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. 

If you wish to participate in the DSSP please contact Argo Infrastructure’s office directly by email or phone:

Email: invest@argoinfrastructure.com.au

Telephone: +61 8 8210 9555

More information

For more information, see the DSSP Information Memorandum and Terms and Conditions here.

The Australian Taxation Office’s Class Ruling for Argo Infrastructure’s DSSP is available here.

Historical dividends

For details of all dividends paid by Argo Infrastructure, including payment dates and franking amounts, click here.