Argan, Inc. (NYSE:AGX) will begin trading ex-dividend on July 22, 2020. The special dividend payment of $ 0.25 per share is scheduled to be paid on July 31, 2020. Shareholders who purchased AGX prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Recent Earnings Announcement
Argan, Inc. posted loss for the first quarter of $ 0.05 per share, from the revenue of $ 60.15 million. The quarterly earnings declined 48.64 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.08 per share from $ 65.70 million in revenue. The bottom line results beat street analysts by $ 0.03 or 37.50 percent, at the same time, top line results fell short of analysts by $ 5.55 million or 8.45 percent.
Stock Performance
According to the previous trading day, closing price of AGX was $ 47.86, representing a 60.01 % increase from the 52 week low of $ 29.91 and a 0.81 % decrease over the 52 week high of $ 48.25.
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The company has a market capital of $ 749.01 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.
