Argo Global Listed Infrastructure Ltd Fully Paid Ord. Shrs (ASX:ALI) Raises Dividend to $0.03 Per Share

Argo Global Listed Infrastructure Ltd Fully Paid Ord. Shrs (ASX:ALI) announced a interim dividend on Tuesday, February 18th, MarketIndexAU reports. Investors of record on Friday, March 20th will be paid a dividend of 0.03 per share on Friday, March 20th. This represents a yield of 1.1%. The ex-dividend date of this dividend is Friday, February 28th. This is a positive change from Argo Global Listed Infrastructure Ltd Fully Paid Ord. Shrs’s previous interim dividend of $0.03.

Shares of ALI opened at A$2.40 ($1.70) on Thursday. Argo Global Listed Infrastructure Ltd Fully Paid Ord. Shrs has a 52-week low of A$1.96 ($1.39) and a 52-week high of A$2.77 ($1.96). The business’s 50 day moving average price is A$2.49 and its two-hundred day moving average price is A$2.38. The firm has a market cap of $340.69 million and a PE ratio of 6.15.

About Argo Global Listed Infrastructure Ltd Fully Paid Ord. Shrs

Argo Global Listed Infrastructure Limited is a closed ended balanced mutual fund launched and managed by Argo Service Company Pty Ltd. The fund is co-managed by Cohen & Steers Capital Management, Inc It invests in public equity and fixed income markets across the globe. The fund invests in the infrastructure sector.

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