Argan Dividend
Dividend criteria checks 5/6
Argan is a dividend paying company with a current yield of 1.96% that is well covered by earnings.
Key information
2.0%
Dividend yield
45%
Payout ratio
| Industry average yield | 0.6% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$2.44 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
After Leaping 25% Argan, Inc. (NYSE:AGX) Shares Are Not Flying Under The Radar
Apr 17
Argan: Quality Business, Uncorrelated Returns, And Belongs In An All-Weather Portfolio
Apr 09Argan: 4 Reasons Why This Stock Is A Buy For Long-Term Dividend Investors
Mar 11Argan: Favorable Supply/Demand Environment And Improved Capital Allocation
Jan 31A Look At The Fair Value Of Argan, Inc. (NYSE:AGX)
Dec 22Argan: Shares Are Cheaper Than They Appear
Dec 11Argan: Encouraging Near-Term Trends Point To Further Share Price Gains
Nov 08Argan (NYSE:AGX) Is Increasing Its Dividend To $0.30
Sep 23Argan Stock: Recalibrating Expectations
Aug 23Argan (NYSE:AGX) Has Announced A Dividend Of $0.25
Jun 24Some Investors May Be Worried About Argan's (NYSE:AGX) Returns On Capital
Jun 08Argan, Inc.: Good Growth At Attractive Valuations
Jun 02Argan (NYSE:AGX) Will Pay A Dividend Of $0.25
Jan 03Argan: A High Quality Pick For 2023
Dec 26Time To Worry? Analysts Are Downgrading Their Argan, Inc. (NYSE:AGX) Outlook
Dec 15Argan declares $0.25 dividend and increases buyback to $125M
Dec 15Argan GAAP EPS of $0.56 misses by $0.14, revenue of $117.88M misses by $13.87M
Dec 07Argan's (NYSE:AGX) Dividend Will Be $0.25
Sep 12Argan: Assessing If Strong Potential Can Be Realized
Sep 08Argan CEO Bosselmann retires, CFO Watson to take over
Aug 18Argan Strategically Positioned With Respect To Energy Situation
Jun 24Argan (NYSE:AGX) Has Announced A Dividend Of US$0.25
Apr 15Argan Looks Appealing At This Price
Jan 25Argan, Inc. (NYSE:AGX) Analysts Are Reducing Their Forecasts For Next Year
Dec 14Argan: Low Risk, High Upside, But Extreme Volatility
Oct 12The CEO Of Argan, Inc. (NYSE:AGX) Might See A Pay Rise On The Horizon
Jun 19Argan EPS beats by $0.33, beats on revenue
Jun 08Argan (NYSE:AGX) Is Reinvesting At Lower Rates Of Return
Jun 04An Intrinsic Calculation For Argan, Inc. (NYSE:AGX) Suggests It's 32% Undervalued
May 09Stability and Growth of Payments
Fetching dividends data
Stable Dividend: AGX's dividends per share have been stable in the past 10 years.
Growing Dividend: AGX's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Argan Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (AGX) | 2.0% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.7% |
| Industry Average (Construction) | 0.6% |
| Analyst forecast in 3 Years (AGX) | n/a |
Notable Dividend: AGX's dividend (1.96%) is higher than the bottom 25% of dividend payers in the US market (1.54%).
High Dividend: AGX's dividend (1.96%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (45.4%), AGX's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (13.9%), AGX's dividend payments are thoroughly covered by cash flows.