dividend
confidence high
sentiment positive
materiality 0.55
Argan declares quarterly dividend $0.375/share; 50% increase over 2 years; founder Bosselmann retires
ARGAN INC
- Quarterly dividend of $0.375 per share declared, payable July 31, 2025 to holders of record July 23, 2025.
- Dividend has grown 50% from $0.25 to $0.375 over the last two years; over $217M returned to shareholders since 2011.
- Founder and former CEO Rainer Bosselmann completed his final term as director; CEO Watson acknowledged his contributions.
- All nine director nominees elected; say-on-pay approved with 9.0M for and 810K against; Grant Thornton ratified as auditor.
- Shareholders approved amendment limiting officer personal liability (8.55M for, 1.27M against).
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