Argan, Inc.

Argan, Inc.

AGXยทNYSE

$686.37

+3.8%
IndustrialsEngineering & Construction

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 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 projects with approximately 15 gigawatts of power-generating capacity. This segment serves independent power project owners, public utilities, power plant equipment suppliers, and energy plant construction companies. The Industrial Fabrication and Field Services segment provides industrial field, and pipe and vessel fabrication services for forest products, industrial gas, fertilizer, and mining companies in southeast region of the United States. The Telecommunications Infrastructure Services segment offers trenchless directional boring and excavation for underground communication and power networks, as well as aerial cabling services; and installs buried cable, high and low voltage electric lines, and private area outdoor lighting systems. It also provides structured cabling, terminations, and connectivity that offers the physical transport for high-speed data, voice, video, and security networks. This segment serves state and local government agencies, regional communications service providers, electric utilities, and other commercial customers, as well as federal government facilities comprising cleared facilities in the mid-Atlantic region of the United States. Argan, Inc. was incorporated in 1961 and is headquartered in Rockville, Maryland.

At a Glance

Live Snapshot
Market Cap$9.58B
EPS10.0000
P/E Ratio68.64
Earnings Date06/03/2026
0.14%
Dividend Yield
-13%
3Y-77.0%
5Y-95.0%
10Y-
14.17%
Dividend Payout Ratio
-38%
3Y-43.0%
5Y-93.0%
10Y-
3Y+107.0%
5Y-64.0%
10Y-
Argan, Inc.

Argan, Inc. Dividend History

AGX ยท NYSE
10Y CAGR +0%
Latest $0
Annual $0
Stable dividend payments
Last Period: +0%

AGX Dividend Payment History

AGX ยท NYSE

Total Payments

40

Latest Dividend

$0.5000

Annual Amount

$2.2500

Frequency

Quarterly

DeclarationEx-DatePayment DateDividendAdjustedFrequencyGrowth
Apr 8, 2026
Apr 22, 2026Apr 30, 2026
$0.5000
$0.5000
Quarterly0.00%
Dec 11, 2025
Jan 22, 2026Jan 30, 2026
$0.5000
$0.5000
Quarterly0.00%
Sep 10, 2025
Oct 23, 2025Oct 31, 2025
$0.5000
$0.5000
Quarterly+33.33%
Jun 17, 2025
Jul 23, 2025Jul 31, 2025
$0.3750
$0.3750
Quarterly0.00%
Apr 10, 2025
Apr 22, 2025Apr 30, 2025
$0.3750
$0.3750
Quarterly0.00%
Dec 12, 2024
Jan 23, 2025Jan 31, 2025
$0.3750
$0.3750
Quarterly0.00%
Sep 17, 2024
Oct 23, 2024Oct 31, 2024
$0.3750
$0.3750
Quarterly+25.00%
Jun 20, 2024
Jul 23, 2024Jul 31, 2024
$0.3000
$0.3000
Quarterly0.00%
Apr 10, 2024
Apr 22, 2024Apr 30, 2024
$0.3000
$0.3000
Quarterly0.00%
N/A
Jan 23, 2024Jan 31, 2024
$0.3000
$0.3000
Quarterly0.00%
Sep 19, 2023
Oct 23, 2023Oct 31, 2023
$0.3000
$0.3000
Quarterly+20.00%
Jun 20, 2023
Jul 21, 2023Jul 31, 2023
$0.2500
$0.2500
Quarterly0.00%
Apr 12, 2023
Apr 20, 2023Apr 28, 2023
$0.2500
$0.2500
Quarterly0.00%
Dec 14, 2022
Jan 20, 2023Jan 31, 2023
$0.2500
$0.2500
Quarterly0.00%
Sep 8, 2022
Oct 21, 2022Oct 31, 2022
$0.2500
$0.2500
Quarterly0.00%
Jun 21, 2022
Jul 21, 2022Jul 29, 2022
$0.2500
$0.2500
Quarterly0.00%
Apr 8, 2022
Apr 21, 2022Apr 29, 2022
$0.2500
$0.2500
Quarterly0.00%
Dec 14, 2021
Jan 21, 2022Jan 31, 2022
$0.2500
$0.2500
Quarterly0.00%
Sep 9, 2021
Oct 21, 2021Oct 29, 2021
$0.2500
$0.2500
Quarterly0.00%
Jun 24, 2021
Jul 22, 2021Jul 30, 2021
$0.2500
$0.2500
Quarterly0.00%
Apr 14, 2021
Apr 22, 2021Apr 30, 2021
$0.2500
$0.2500
Quarterly-80.00%
Dec 10, 2020
Dec 21, 2020Dec 29, 2020
$1.0000
$1.2500
Quarterly+400.00%
Sep 30, 2020
Oct 22, 2020Oct 30, 2020
$0.2500
$0.2500
Quarterly-80.00%
Jun 24, 2020
Jul 23, 2020Jul 31, 2020
$1.2500
$1.2500
Quarterly+400.00%
Apr 9, 2020
Apr 22, 2020Apr 30, 2020
$0.2500
$0.2500
Quarterly0.00%
Dec 11, 2019
Jan 23, 2020Jan 31, 2020
$0.2500
$0.2500
Quarterly0.00%
Sep 10, 2019
Oct 23, 2019Oct 31, 2019
$0.2500
$0.2500
Quarterly0.00%
Jun 20, 2019
Jul 23, 2019Jul 31, 2019
$0.2500
$0.2500
Quarterly0.00%
Apr 10, 2019
Apr 22, 2019Apr 30, 2019
$0.2500
$0.2500
Quarterly0.00%
Dec 12, 2018
Jan 24, 2019Jan 31, 2019
$0.2500
$0.2500
Quarterly0.00%
Sep 12, 2018
Oct 24, 2018Oct 31, 2018
$0.2500
$0.2500
Semi-Annual0.00%
Jun 25, 2018
Jul 24, 2018Jul 31, 2018
$0.2500
$0.2500
Quarterly0.00%
Apr 11, 2018
Apr 23, 2018Apr 30, 2018
$0.2500
$0.2500
Quarterly-75.00%
Sep 14, 2017
Oct 20, 2017Oct 31, 2017
$1.0000
$1.0000
Annual+42.86%
Sep 16, 2016
Oct 18, 2016Oct 28, 2016
$0.7000
$0.7000
Annual0.00%
Sep 18, 2015
Oct 15, 2015Nov 5, 2015
$0.7000
$0.7000
Annual0.00%
Sep 19, 2014
Oct 15, 2014Nov 6, 2014
$0.7000
$0.7000
Annual-6.67%
Sep 20, 2013
Oct 15, 2013Nov 7, 2013
$0.7500
$0.7500
Annual+25.00%
Sep 20, 2012
Oct 11, 2012Nov 7, 2012
$0.6000
$0.6000
Quarterly+20.00%
Oct 17, 2011
Oct 31, 2011Nov 15, 2011
$0.5000
$0.5000
Quarterly-
agx

Argan, Inc. Payout Ratio Analysis

AGX ยท NYSE
Dividends Paid
-24.27M
2026
Net Income
137.77M
2026
Payout Ratio
17.62%
2026

Dividend Sustainability Analysis

Payout Ratio
17.62%

Conservative payout with excellent safety margin. Company retains significant earnings for growth, acquisitions, or building cash reserves. Dividend is highly sustainable.

FCF Payout Ratio
5.9%

Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.

Dividend Growth
-32.9%

Significant dividend reduction signals serious challenges. Company prioritizing financial stability over shareholder returns. High risk of further cuts.

Sustainability
Good

Sustainable dividend with adequate coverage. Some areas for improvement but overall appears safe for dividend investors.

Key Insight

Recent dividend cut signals distress: Management forced to reduce payout, indicating financial pressure. Evaluate whether business challenges are temporary or structural before reinvesting.