What does Argo Investments do?
Argo Investments (ASX:ARG) is a diversified investment company that invests in a range of asset classes, including Australian and international equities, fixed income, property, and infrastructure. Argo's investment portfolio is focused on investing in high-quality companies with strong management teams and sustainable competitive advantages. Argo Investments generates revenue primarily from dividends and distributions received from the companies in its investment portfolio. The majority of that income is paid out to its shareholders as fully franked dividends.