Australia's Argo Investments Ltd. raised its final dividend for the fiscal year ended June 30.

The company declared a fully franked final dividend of 17 Australian cents per share, up from 16 cents per share in the prior-year period.

Together with an interim dividend of 16 cents per share, the company's total dividend for the fiscal year rose to 33 cents per share from 31.5 cents per share in the fiscal year prior.

The final dividend is payable Sept. 13 to shareholders on record as of Aug. 26.