Dividends

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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 11 declared dividends have been fully franked. 

Latest dividend

2023 final dividend4.5 cents per share fully franked
Ex-dividend date8 September 2023
Record date11 September 2023
Election date (for determining DRP participation)12 September 2023
Payment date29 September 2023

*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.

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 acquired through the DRP do not incur any brokerage fees and are sometimes offered at a discount to the market price.
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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.

Historical dividends

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