Sarah Brennan Buys 10,822 Shares of Argo Global Listed Infrastructure Limited (ASX:ALI) Stock

Argo Global Listed Infrastructure Limited (ASX:ALI) insider Sarah Brennan purchased 10,822 shares of the firm’s stock in a transaction on Tuesday, September 3rd. The stock was bought at an average cost of A$2.31 ($1.54) per share, with a total value of A$24,998.82 ($16,665.88).

Argo Global Listed Infrastructure Price Performance

Argo Global Listed Infrastructure Increases Dividend

The company also recently declared a Final dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 26th will be issued a $0.05 dividend. The ex-dividend date is Thursday, September 5th. This represents a yield of 2.22%. This is a positive change from Argo Global Listed Infrastructure’s previous Final dividend of $0.05. Argo Global Listed Infrastructure’s dividend payout ratio is presently 128.57%.

About Argo Global Listed Infrastructure

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.