Argan, Inc. (NYSE:AGX) will begin trading ex-dividend on October 21, 2020. The quarterly dividend payment of $ 0.25 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 2.38 %. Owners of shares, purchased before the ex-dividend date will be eligible for the dividend.
Dividends History
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Argan, Inc. recently reported second quarter financial results on September 9, 2020, after market close, the Rockville based company outlined income for the second quarter of $ 0.36 per share, from the revenue of $ 87.49 million. The quarterly earnings up 414.29 percent while revenues increased 38.74 percent compared with the same quarter last year.
Stock Performance
Shares of Argan, Inc. traded low $ -0.42 or -0.99 percent on Thursday, reaching $ 42.00 with volume of 115.00 thousand shares. Argan, Inc. has traded high as $ 42.40 and has cracked $ 41.79 on the downward trend
According to the previous trading day, closing price of $ 42.00, representing a 41.83 % increase from the 52 week low of $ 29.91 and a 12.08 % decrease over the 52 week high of $ 48.25.
The company has a market capital of $ 658.14 million and is part of the Industrials sector and Engineering & Construction industry.
Argan, Inc., through its subsidiaries, provides engineering, procurement, construction, commissioning, operations management, maintenance, project development, technical, and consulting services to the power generation and renewable energy markets. The company operates through Power Industry Services, Industrial Fabrication and Field Services, and Telecommunications Infrastructure Services segments. The Power Industry Services segment offers engineering, procurement, and construction (EPC) contracting services to the owners of alternative energy facilities, such as biomass plants, wind farms, and solar fields; and design, construction, project management, start-up, and operation services for 44 projects with approximately 15 gigawatts of power-generating capacity.
