Argan, Inc. (AGX) to Issue Quarterly Dividend of $0.70 on October 30th

Posted by on Sep 11th, 2026

Argan, Inc. (NYSE:AGX – Get Free Report) announced a quarterly dividend on Wednesday, September 9th. Shareholders of record on Thursday, October 22nd will be paid a dividend of 0.70 per share by the construction company on Friday, October 30th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, October 22nd. This is a 40.0% increase from Argan’s previous quarterly dividend of $0.50.

Argan has decreased its dividend by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 2 consecutive years. Argan has a dividend payout ratio of 27.4% indicating that its dividend is sufficiently covered by earnings. Analysts expect Argan to earn $17.08 per share next year, which means the company should continue to be able to cover its $2.00 annual dividend with an expected future payout ratio of 11.7%.

Argan Stock Down 1.0%

Argan stock opened at $398.26 on Friday. The company has a market capitalization of $5.59 billion, a price-to-earnings ratio of 31.51, a price-to-earnings-growth ratio of 2.99 and a beta of 0.57. Argan has a 52 week low of $227.02 and a 52 week high of $805.75. The stock has a 50-day moving average price of $544.80 and a 200 day moving average price of $584.42.

Argan (NYSE:AGX – Get Free Report) last released its earnings results on Wednesday, September 2nd. The construction company reported $3.76 EPS for the quarter, topping analysts’ consensus estimates of $2.64 by $1.12. Argan had a net margin of 15.09% and a return on equity of 38.51%. The business had revenue of $383.98 million during the quarter, compared to analysts’ expectations of $300.53 million. During the same quarter in the previous year, the company earned $2.50 earnings per share. The company’s quarterly revenue was up 61.5% on a year-over-year basis. Research analysts anticipate that Argan will post 13.44 EPS for the current fiscal year.

About Argan

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Argan, Inc is an engineering, procurement and construction company that provides services to the power generation and energy infrastructure industries. The company supports the development, construction, commissioning and maintenance of power facilities, including natural gas-fired power plants, renewable energy projects and energy storage installations.

Argan primarily operates through subsidiaries including Gemma Power Systems, which provides engineering, project management and construction services for power generation projects; The Roberts Company, which performs industrial fabrication, equipment installation and field services; and Atlantic Projects Company, which provides engineering and construction services for power and industrial facilities.

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Dividend History for Argan (NYSE:AGX)

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