Argan (AGX) Declares $1.00 Special Dividend; 2.4% Yield

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Go back to Argan (AGX) Declares $1.00 Special Dividend; 2.4% Yield

Argan, Inc. Announces $25 Million Share Repurchase Program and Declares Special Cash Dividend of $1.00 Per Share

June 24, 2020 4:15 PM EDT

Declares Regular Quarterly Cash Dividend of $0.25 Per Share Converts TeesREP Subcontract to Time-and-Materials

ROCKVILLE, Md.--(BUSINESS WIRE)-- On June 23, 2020, the Board of Directors of Argan, Inc. (NYSE: AGX) (Argan or the Company) authorized the repurchase of up to $25.0 million of the Companys issued and outstanding common stock. The Board of Directors also declared a special cash dividend of $1.00 per share of common stock in addition to the regular quarterly cash dividend in the amount of $0.25 per share of common stock, for a total... More