Argo Investments (ARG) H2 2025 earnings summary

Executive summary

• Full year profit increased to $259.8 million, up from $253.0 million year-over-year.

• Record fully franked final dividend of 20.0 cents per share, up 11.1% from last year.

• Total full year dividend reached 37.0 cents per share, marking record highs for both interim and final dividends.

Financial highlights

• Revenue rose to $285.8 million from $271.9 million year-over-year.

• Earnings per share increased to 34.1 cents from 33.3 cents year-over-year.

• Management expense ratio remained steady at 0.15%.

• LIC capital gain component in the final dividend increased to 7.0 cents per share.

Outlook and guidance

• Global equities have risen despite ongoing risks, with uncertainty in US trade policy persisting.

• Defensive and diversified portfolio expected to mitigate market volatility.

• Focus remains on delivering reliable income as interest rates fall and broader market dividends are flat to declining.