Argan (AGX) Raises Quarterly Dividend 20% to $0.30; 2.7% Yield

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Go back to Argan (AGX) Raises Quarterly Dividend 20% to $0.30; 2.7% Yield

Argan, Inc. Increases Quarterly Dividend by 20% to $0.30 Per Common Share

September 19, 2023 4:15 PM EDT

ROCKVILLE, Md.--(BUSINESS WIRE)-- Argan, Inc. (NYSE: AGX) (Argan or the Company) announces today that its Board of Directors increased the Companys quarterly cash dividend by 20% from $0.25 to $0.30 per common share. The dividend will be payable on October 31, 2023 to stockholders of record at the close of business on October 23, 2023.

Our construction expertise and project capabilities make our business well positioned in the growing opportunities of our end markets, commented David Watson, Argans President and Chief Executive Officer. With the growth in our business and... More