Grupo Argos will pay COP 109,000 million in dividends between July 5 and 136 July 2022
- The total dividend declared in the year represents more than COP 430 billion that will be distributed to the company’s shareholders in four installments.
- Consistent with the financial results and the positive prospects for Grupo Argos’ businesses in 2022, the payment of a dividend of COP 500 per share was approved at the ordinary meeting of the General Assembly of Shareholders held in March, which represents an increase of 31% compared to 2021.
- Last year Grupo Argos reached the highest revenues in its history with COP 16.3 trillion, growing 17%, an EBITDA that reached COP 4.3 trillion with a year-on-year increase of 29% and a net profit of COP 1.2 trillion, which represents an increase of 6.8 times over the previous year.
In line with the financial results and the positive outlook for Grupo Argos’ businesses, between July 5 and 13, the second of four dividend payments will be made to the company’s shareholders for COP 125 per share, which will add a total of COP 500 per share. This value represents an increase of 31% compared to 2021 and more than COP 430 billion that will be distributed to the company’s shareholders.
At the end of 2021, Grupo Argos reached the highest revenues in its history with COP 16.3 trillion, growing 17%, an EBITDA that reached COP 4.3 trillion with a year-on-year increase of 29% and a net profit of COP 1.2 trillion, which represents an increase of 6.8 times compared to the previous year.
Between the years 2000 and 2022, the dividend per share has grown at a compound annual rate of 9.1%.
Grupo Argos Foundation
The Grupo Argos Foundation and Terraformation sign an alliance to drive an ambitious carbon offset project through the planting of over 2.3 million native tree species in the southwestern region of Antioquia11 September 2023
Terraformation has selected the Grupo Argos Foundation's participatory ecological restoration program, "Sembrando Futuro," from among more than 200 applications in the inaugural cohort of its Forest Carbon Accelerator. This initiative stands as the sole selection in Latin America.
Grupo Argos supported the transaction in which Cementos Argos will combine its operations in the United States with Summit Materials, a company listed on the New York Stock Exchange.7 September 2023
The transaction was promoted by Grupo Argos in its role as an asset manager and majority shareholder of Cementos Argos, marking a significant milestone in the company's history of growth and value creation since its entry into the U.S. market in 2005.
The National University of Colombia and the Grupo Empresarial Argos launch the third cohort of the Sustainability Chair for more than 10,000 undergraduate students in Colombia.6 September 2023
Creamos Valor Social
Over 450 social and community leaders from Medellín, along with students, entrepreneurs, and volunteers from the Argos Group, connected with their life purpose through the "Creamos Valor Social" program.6 September 2023
The event "A Life with Purpose and Gratitude" was led by Nicolás Mejía, an entrepreneur in the automotive sector, a member of various boards of directors, teacher, and speaker from Medellín. He shared with attendees easily applicable tools to connect with their life purpose and achieve success both personally and professionally.