Argo Group Ltd. (ARGO)

Sector:

Financials

Index:

FTSE AIM All-Share

 18.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 25.00
  • 52 Week Low: 15.00
  • Currency: UK Pounds
  • Shares Issued: 38.96m
  • Volume: 18
  • Market Cap: £7.21m

Confident Argo ramps up divi

Date: Monday 14 Mar 2011

LONDON (ShareCast) - Emerging markets fund manager Argo Group saw assets under management decline to $403.2m in 2010 from $439.5m at the end of 2009, though the rate at which redemptions took place declined as the year wore on.

Revenues eased to $10.9m in 2010 from $11.7m the year before but profit before tax edged up to $2.5m from $2.4m a year earlier.

Net assets remained unchanged at $44.5m, despite dividend payments and share buybacks of $1.7m during the year.

The company has proposed a final dividend of 1.2p, up from 1p in 2009.

“Argo has made very good progress in a particularly challenging and difficult environment,” claimed Kyriakos Rialas, the company’s chief executive. “Our profitability remains consistent and we have continued confidence about the future of the business and the outlook for new asset gathering,” he added.

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Argo Group Ltd. Market Data

Currency UK Pounds
Share Price 18.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 25.00
52 Week Low 15.00
Volume 18
Shares Issued 38.96m
Market Cap £7.21m

Argo Group Ltd. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
76.52% above the market average76.52% above the market average76.52% above the market average76.52% above the market average76.52% above the market average
51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average51.52% above the sector average
Price Trend
2.13% above the market average2.13% above the market average2.13% above the market average2.13% above the market average2.13% above the market average
9.72% above the sector average9.72% above the sector average9.72% above the sector average9.72% above the sector average9.72% above the sector average
Income Not Available
Growth
8.03% above the market average8.03% above the market average8.03% above the market average8.03% above the market average8.03% above the market average
0.83% above the sector average0.83% above the sector average0.83% above the sector average0.83% above the sector average0.83% above the sector average

Argo Group Ltd. Dividends

  Latest Previous
  Interim Final
Ex-Div n/a 27-Mar-13
Paid n/a 26-Apr-13
Amount 0.000p 1.30p

Trades for 04-Jun-2020

Time Volume / Share Price
10:59 18 @ 17.25p

Argo Group Ltd. Key Personnel

CEO Kyriakos Rialas

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