Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.30 Per Common Share
December 14 2023 - 4:15PM
Business Wire
Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today
announces that its Board of Directors declared a regular quarterly
cash dividend in the amount of $0.30 per common share. The dividend
will be payable on January 31, 2024 to stockholders of record at
the close of business on January 23, 2024.
About Argan
Argan’s primary business is providing a full range of
construction and related services to the power industry. Argan’s
service offerings focus on the engineering, procurement and
construction of natural gas-fired power plants and renewable energy
facilities, along with related commissioning, maintenance, project
development and technical consulting services, through its Gemma
Power Systems and Atlantic Projects Company operations. Argan also
owns The Roberts Company, which is a fully integrated industrial
construction, fabrication and plant services company, and SMC
Infrastructure Solutions, which provides telecommunications
infrastructure services.
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal
securities laws. Reference is hereby made to the cautionary
statements made by the Company with respect to risk factors set
forth in its most recent reports on Form 10-K, Forms 10-Q and other
SEC filings. The Company’s future financial performance is subject
to risks and uncertainties including, but not limited to, the
successful addition of new contracts to project backlog, the
receipt of corresponding notices to proceed with contract
activities, and the Company’s ability to successfully complete the
projects that it obtains. Actual results and the timing of certain
events could differ materially from those projected in or
contemplated by the forward-looking statements due to the risk
factors highlighted above and described regularly in the Company’s
SEC filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20231214296645/en/
Company Contact: David Watson 301.315.0027
Investor Relations Contacts: John Nesbett/Jennifer
Belodeau IMS Investor Relations 203.972.9200
Argan (NYSE:AGX)
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