Argan (NYSE:AGX) Is Increasing Its Dividend To $0.375 [Yahoo! Finance]
Argan, Inc. (AGX)
NASDAQ:AMEX Investor Relations:
arganinc.com/investor-center
Company Research
Source: Yahoo! Finance
Argan, Inc. NYSE:AGX ) will increase its dividend on the 31st of October to $0.375, which is 25% higher than last year's payment from the same period of $0.30. This makes the dividend yield 1.3%, which is above the industry average. Argan's Projected Earnings Seem Likely To Cover Future Distributions While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. However, prior to this announcement, Argan's dividend was comfortably covered by both cash flow and earnings. This means that most of its earnings are being retained to grow the business. The next year is set to see EPS grow by 22.3%. If the dividend continues on this path, the payout ratio could be 34% by next year, which we think can be pretty sustainable going forward. Argan Has A Solid Track Record The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Since 2014, the annual p
Show less
Read more
Impact Snapshot
Event Time:
AGX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AGX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AGX alerts
High impacting Argan, Inc. news events
Weekly update
A roundup of the hottest topics
AGX
News
- Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common ShareBusiness Wire
- Argan, Inc. (NYSE: AGX) had its "market perform" rating re-affirmed by analysts at CJS Securities. They now have a $150.00 price target on the stock.MarketBeat
- Argan, Inc. Reports Third Quarter Fiscal 2025 Results [Yahoo! Finance]Yahoo! Finance
- Argan, Inc. Reports Third Quarter Fiscal 2025 ResultsBusiness Wire
- Argan, Inc. (NYSE: AGX) was downgraded by analysts at Lake Street Capital from a "buy" rating to a "hold" rating. They now have a $150.00 price target on the stock, up previously from $85.00.MarketBeat
AGX
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 144
- 12/16/24 - Form 4
- AGX's page on the SEC website