---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-016187"
form_type: "8-K"
ticker: "AGX"
cik: "0000100591"
company_name: "ARGAN INC"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T03:50:35.316033+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001558370-24-016187
- form_type: 8-K
- ticker: AGX
- cik: 0000100591
- company_name: ARGAN INC
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100591/000155837024016187/0001558370-24-016187-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100591/000155837024016187/agx-20241212x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-016187
- JSON: https://secwatch.observer/filing/0001558370-24-016187.json
- Plain text: https://secwatch.observer/filing/0001558370-24-016187.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.