Media Release - Result for year ended 30 June 2026

• Full-year profit increased to $260.2 million, up from $259.8 million in FY2025
• Fully franked final dividend of 20.0 cents per share
• Introduction of quarterly dividend payments starting in January 2027
• Anticipated annual dividends of 40.0 cents per share for CY2027

Argo Investments Ltd, one of Australia's oldest and largest listed investment companies, announced its FY2026 financial results. The company reported a full-year profit of $260.2 million, up from $259.8 million in the previous year. The company also declared a fully franked final dividend of 20.0 cents per share, bringing the total full-year dividend to a record 38.5 cents per share, fully franked. The Board has decided to introduce quarterly dividend payments starting in January 2027, with an intention to declare four quarterly dividends of 10.0 cents per share, totaling 40.0 cents per share for CY2027. Argo's investment portfolio delivered a full-year return of +8.7%, outperforming the S&P/ASX 200 Accumulation Index, which rose +6.1%. The company anticipates continued market volatility in the near term, with a focus on reducing the share price discount to net tangible assets.

Full-year profit of $260.2 million, fully franked dividend of 38.5 cents per share

Continued market volatility anticipated, focus on reducing share price discount to NTA