Argan, Inc. Raises Quarterly Dividend From $0.25 To $0.30/Share
Portfolio Pulse from Benzinga Newsdesk
Argan, Inc. has announced an increase in its quarterly dividend from $0.25 to $0.30 per share.
September 19, 2023 | 8:19 pm
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Argan, Inc. (AGX) has increased its quarterly dividend, which may attract income-focused investors and potentially increase the stock price.
Dividend increases are generally seen as a positive signal by the market, indicating a company's confidence in its future earnings. This could attract income-focused investors, potentially leading to an increase in demand for the stock and a rise in its price.
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IMPORTANCE 70
RELEVANCE 100