Grupo Argos, good dividends

by time news

2023-05-03 01:23:06

As a result of its selective and profitable growth strategy and in line with the financial results presented by Grupo Argos and the outstanding performance of its businesses, on Tuesday, April 11, the first of four dividend payments was made for a value of COP 143, 7 per share.

During the last ordinary meeting of the Shareholders’ Meeting, a total of COP 575 per share was approved, a value that represents an increase of 15% compared to the previous year and that will add a value transfer for shareholders of COP 499,000 million in 2023 in this concept.

At the end of 2022, Grupo Argos presented unprecedented financial results in its almost 90-year history.

Revenues amounted to COP 21.3 trillion, with a growth of 31%, and ebitda reached COP 5.2 trillion, increasing 21%. For its part, net profit closed at COP 1.4 trillion, while the parent company’s net profit amounted to COP 881,000 million. Since 1938, the date on which it distributed its first dividends, Grupo Argos has never stopped distributing them.

Payments will be made in the months of April, July and October 2023 and January 2024, between the 11th and 19th of the respective month.

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