GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Argo Investments Ltd (ASX:ARG) » Definitions » Total Payout Yield %

Argo Investments (ASX:ARG) Total Payout Yield % : 3.08 (As of Apr. 27, 2024)


View and export this data going back to 1985. Start your Free Trial

What is Argo Investments Total Payout Yield %?

Total Payout Yield % is the percent a company has paid to its shareholders through net repurchases of shares and dividends based on its Market Cap. It is a measure of shareholder return.

Argo Investments's current Total Payout Yield % is 3.08%.


Argo Investments Total Payout Yield % Historical Data

The historical data trend for Argo Investments's Total Payout Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Argo Investments Total Payout Yield % Chart

Argo Investments Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Payout Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 3.70 2.54 -0.23 3.06

Argo Investments Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Payout Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.22 2.86 3.05 3.02 3.24

Competitive Comparison of Argo Investments's Total Payout Yield %

For the Asset Management subindustry, Argo Investments's Total Payout Yield %, along with its competitors' market caps and Total Payout Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argo Investments's Total Payout Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Investments's Total Payout Yield % distribution charts can be found below:

* The bar in red indicates where Argo Investments's Total Payout Yield % falls into.



Argo Investments Total Payout Yield % Calculation

Total Payout Yield % is a measure of shareholder return.

Argo Investments's Total Payout Yield % for the fiscal year that ended in Jun. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Market Cap
=- (-0.128 + 0 + -202.695) / 6618.74064
=3.06%

Argo Investments's annualized Total Payout Yield % for the quarter that ended in Dec. 2023 is calculated as

Total Payout Yield %=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) * Annualized Factor / Market Cap
=- (-0.067 + 0 + -110.033) * 2 / 6789.10305
=3.24%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argo Investments Total Payout Yield % Explanation

Similar to Dividend Yield, Total Payout Yield % is a measurement of shareholder return. Dividends is not the only way that companies are able to distribute their excess cash back to the shareholders. The other way to distribute the cash is a stock repurchase. The stock repurchase buys back the company's own shares from the marketplace. This results in a reduced number of oustanding shares, making each share worth a greater percentage of the corporation.


Argo Investments Total Payout Yield % Related Terms

Thank you for viewing the detailed overview of Argo Investments's Total Payout Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Argo Investments (ASX:ARG) Business Description

Traded in Other Exchanges
N/A
Address
91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Investments Ltd is an investment company based in Australia. Its core operations focus on portfolio management with the objective of seeking long-term returns. Its revenues are generated from the receipt of dividends, interest and other income which are a result of its investing operations. It also derives income from interest earned on cash deposits, income from writing exchange-traded options and a small amount of share trading activity. Argo's investment portfolio comprises various sectors, such as healthcare, utilities, consumer discretionary, industrials, energy, banks, materials, telecommunication services and information technology and property trusts.

Argo Investments (ASX:ARG) Headlines

No Headlines