Argan declares $0.375 quarterly dividend; Gemma gets NTP for 700 MW gas plant

ARGAN INC

Regular quarterly cash dividend of $0.375 per common share declared, payable Jan 31, 2025 to holders of record Jan 23, 2025.
Subsidiary Gemma Power Systems received full notice to proceed on an approximately 700 MW combined-cycle natural gas power plant.
Company cites robust pipeline and growing demand for reliable power to support expected significant energy demand growth.
CEO David Watson expressed confidence in business and strong demand for new projects.

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