{"id":397714,"date":"2020-12-10T14:44:13","date_gmt":"2020-12-10T19:44:13","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=397714"},"modified":"2020-12-10T14:44:13","modified_gmt":"2020-12-10T19:44:13","slug":"argan-inc-declares-special-cash-dividend-of-1-00-per-share-and-regular-quarterly-dividend-of-0-25-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/argan-inc-declares-special-cash-dividend-of-1-00-per-share-and-regular-quarterly-dividend-of-0-25-per-share\/","title":{"rendered":"Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share"},"content":{"rendered":"

<\/p>\n

Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share<\/b><\/p>\n

ROCKVILLE, Md.–(BUSINESS WIRE<\/a>)–Argan, Inc.<\/b> (NYSE: AGX) (\u201cArgan\u201d) announced that today its Board of Directors declared a special cash dividend of $1.00 per share of common stock in addition to the regular quarterly cash dividend in the amount of $0.25 per share of common stock, for a total declared cash dividend of $1.25 per share of common stock, payable December 29, 2020 to stockholders of record at the close of business on December 21, 2020.\n<\/p>\n

\nRainer Bosselmann, Argan\u2019s Chairman and Chief Executive Officer, said, \u201cWe are confident in the future of our business and these actions that the Board of Directors have taken return some of our accumulated earnings to the shareholders. Given our strong balance sheet with significant liquidity and no debt and the increased ramp-up of construction on the largest project in our history, we believe it is the right time to return some of that accumulated value to our patient and loyal stockholders during these challenging times.\u201d\n<\/p>\n

About Argan, Inc.<\/b><\/p>\n

\nArgan\u2019s primary business is providing a full range of services to the power industry, including the renewable energy sector. Argan\u2019s service offerings focus on the engineering, procurement and construction of natural gas-fired power plants, along with related commissioning, operations management, maintenance, project development and consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, which is a fully integrated fabrication, construction and industrial plant services company, and SMC Infrastructure Solutions, which provides telecommunications infrastructure services.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201210006019\/en\/<\/a><\/span><\/p>\n

Company Contact:
\n<\/b>
Rainer Bosselmann
\n
301.315.0027\n<\/p>\n

Investor Relations Contact:
\n<\/b>
David Watson
\n
301.315.0027\n<\/p>\n

KEYWORDS:<\/b> Maryland Europe United States United Kingdom North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Telecommunications Other Energy Other Communications Alternative Energy Energy Communications Technology Other Technology<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
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Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share ROCKVILLE, Md.–(BUSINESS WIRE)–Argan, Inc. (NYSE: AGX) (\u201cArgan\u201d) announced that today its Board of Directors declared a special cash dividend of $1.00 per share of common stock in addition to the regular quarterly cash dividend in the amount of $0.25 per share of common stock, for a total declared cash dividend of $1.25 per share of common stock, payable December 29, 2020 to stockholders of record at the close of business on December 21, 2020. Rainer Bosselmann, Argan\u2019s Chairman and Chief Executive Officer, said, \u201cWe are confident in the future of our business and these actions that the Board of Directors have taken … <\/p>\n

Continue reading “Argan, Inc. Declares Special Cash Dividend of $1.00 Per Share and Regular Quarterly Dividend of $0.25 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-397714","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nArgan, Inc. 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