Argan Boosts Quarterly Cash Dividend By 25% From $0.30 To $0.375 Per Share
Portfolio Pulse from Benzinga Newsdesk
Argan, Inc. has announced a 25% increase in its quarterly cash dividend, raising it from $0.30 to $0.375 per share. The dividend will be payable on October 31, 2024, to stockholders of record as of October 23, 2024.
September 18, 2024 | 8:56 pm
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Argan, Inc. has increased its quarterly dividend by 25%, signaling strong financial health and commitment to returning value to shareholders. This move may attract income-focused investors.
The 25% increase in the dividend suggests Argan, Inc. is in a strong financial position and is committed to returning value to shareholders. This is likely to attract income-focused investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100