dividend
confidence high
sentiment positive
materiality 0.60
Argan boosts quarterly dividend 20% to $0.30 per share
ARGAN INC
- Quarterly cash dividend raised from $0.25 to $0.30 per common share, a 20% increase.
- Dividend payable on October 31, 2023 to stockholders of record as of October 23, 2023.
- CEO David Watson cited business growth and strong balance sheet; company also has $125M share repurchase program.