secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001558370-24-016187
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000155837024016187/0001558370-24-016187-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000155837024016187/agx-20241212x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-016187

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