Argan, Inc. Increases Quarterly Dividend by 25% to $0.375 Per Common Share
Argan, Inc. (AGX)
NASDAQ:AMEX Investor Relations:
arganinc.com/investor-center
Company Research
Source: Business Wire
ROCKVILLE, Md.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that on September 17, 2024, its Board of Directors declared a 25% increase in the quarterly cash dividend, raising it from $0.30 to $0.375 per common share. The dividend will be payable on October 31, 2024, to stockholders of record at the close of business on October 23, 2024.“We are pleased to announce today’s dividend increase which reflects the strength of our financial performance and balance sheet and is aligned with our commitment to returning value to our shareholders. This 25% increase to $0.375 per common share per fiscal quarter, or $1.50 annually, comes just one year after our previous dividend raise and demonstrates our confidence in the business and our favorable view of the growing pipeline of opportunities we’re seeing as the power industry mobilizes to build the traditional gas-fired and renewable facilities necessary to meet the anticipated surge in energy demand a
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News
- Argan, Inc. to Announce Third Quarter Fiscal 2025 Results and Host Conference Call on Thursday, December 5, 2024 [Yahoo! Finance]Yahoo! Finance
- Argan, Inc. to Announce Third Quarter Fiscal 2025 Results and Host Conference Call on Thursday, December 5, 2024Business Wire
- Argan, Inc. (NYSE: AGX) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Argan, Inc. Announces the Passing of Board Member W.G. Champion MitchellBusiness Wire
- Argan (NYSE:AGX) Is Increasing Its Dividend To $0.375 [Yahoo! Finance]Yahoo! Finance
AGX
Sec Filings
- 11/8/24 - Form SC
- 11/8/24 - Form SC
- 11/6/24 - Form SC
- AGX's page on the SEC website