Argo Investments Limited is a long-standing Australian listed investment company founded in 1946 and headquartered in Adelaide. Trading on the ASX under the code ARG, it manages around AUD 7 billion in assets for more than 90,000 shareholders. The company has paid annual dividends every year since inception, with fully franked payouts in place since 1995, and recently declared an interim dividend of 17 cents per share. As a closed-end vehicle, Argo offers access to a varied portfolio of 80 to 90 Australian listed companies, reporting net tangible assets monthly and maintaining a balance sheet free of debt.
Argo’s approach emphasizes a long-term view, low operating expenses and internal management. The team focuses on established firms with reliable cash flows alongside selected smaller companies showing growth potential. This structure helps smooth out market swings and supports a consistent income stream for investors. Regular shareholder updates and transparent governance practices underscore its conservative financial management.
The company also holds positions in the clean technology and battery materials sector, reflecting its interest in decarbonization trends. Major lithium exposure comes through IGO Ltd, which owns a stake in the Greenbushes mine. Argo added shares in Liontown Resources and holds shares of Novonix Ltd, a specialist in battery materials and technology. These investments offer targeted access to growing demand for battery components amid the global shift toward electric vehicles and renewable energy.
