Argan, Inc. announced its Board of Directors has declared a 40% increase in its quarterly cash dividend, raising it to $0.70 per common share. The company stated the increase reflects its confidence in converting strong market demand for new power generation into profitable growth.
Key Details
- New Quarterly Dividend: $0.70 per share, an increase from the previous $0.50 per share.
- Payable Date: The dividend is payable on October 30, 2026.
- Record Date: To stockholders of record as of the close of business on October 22, 2026.