Argo Global Listed Infrastructure Ltd. (AU:ALI) has released an update.
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Argo Global Listed Infrastructure Ltd. reported a profit of $12.8 million for the 2024 financial year, with its global portfolio generating a 3.8% increase in income to $14.9 million, highlighting the resilience of inflation-linked pricing mechanisms. The company declared a record-high fully franked annual dividend of 9.0 cents per share, marking its thirteenth consecutive fully franked dividend and emphasizing the benefits of its listed investment company structure.
For further insights into AU:ALI stock, check out TipRanks’ Stock Analysis page.
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