• Argo reports increased full year profit of $259.8 million
• Fully franked final dividend of 20.0 cents per share, up 11.1%
• Total full year dividends per share of 37.0 cents, a new record

Argo Investments Limited (ASX code: ARG), one of Australia's oldest and largest listed investment companies, announces an increased full year profit of $259.8 million. The Board has declared a fully franked final dividend of 20.0 cents per share, up 2.0 cents or 11.1% on last year. Together with the interim dividend of 17.0 cents per share, this brings the full year dividend to 37.0 cents per share, a new record high for Argo. Investment revenue was bolstered by better-than-expected dividends from numerous companies in the investment portfolio and an increase in special dividends received. During the financial year, Argo purchased $335.0 million of investments, including new holdings and additions to existing positions, while receiving $370.5 million from sales of investments. Argo gained 13.3% measured by net tangible assets (NTA) return after all costs and adjusted for company tax paid, slightly behind the S&P/ASX 200 Accumulation Index which increased 13.8%. Over the past five financial years, Argo has delivered a compound annual return of 12.1%, outperforming the S&P/ASX 200 Accumulation Index.

Argo reports an increased full year profit of $259.8 million for the 2025 financial year.

Argo remains focused on delivering a reliable income stream to shareholders, which is particularly important as interest rates have begun to fall and the outlook for dividends across the broader Australian share market is flat to declining. The company highlights the defensive and diversified nature of its portfolio, which helps ensure it is less susceptible to sharp market swings.