AGX Argan dividend history, payout ratio & dates
Argan's latest cash dividend of $0.375 per share was issued to shareholders on record before Oct 23, 2024. The dividend distribution stands at $1.28 per share annually, which comes to a dividend yield of 0.8%. The latest AGX dividend of $0.375 is an increase from the previous $0.3 payout, representing a growth of 25%.
Key dates
- AGX last dividend date: Oct 23, 2024
AGX dividend stats
vs. Industrials sector
Dividend yield
AGX has a dividend yield of 0.8% which is above the industry average but below the Industrials sector average. In comparison with its Industrials sector average of 1.34%, Argan's dividend yield is 40% lower. The historical 5-year average of AGX's dividend yield is 2.4%, which is higher than the current yield.
Dividend history
Argan has been paying dividends for the last 13 years. Our records show that AGX has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 21% since twelve months ago. However with the price of the stock up by 245% from a year ago, the dividend yield has a decrease of 65%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 23, 2024 | $0.375 | 1.06% |
| Jul 23, 2024 | $0.3 | 1.53% |
| Apr 19, 2024 | $0.3 | 1.86% |
| Jan 22, 2024 | $0.3 | 2.44% |
| Oct 20, 2023 | $0.3 | 2.36% |
| Jul 20, 2023 | $0.25 | 2.58% |
| Apr 19, 2023 | $0.25 | 2.62% |
| Jan 19, 2023 | $0.25 | 2.67% |
| Oct 20, 2022 | $0.25 | 3.15% |
| Jul 20, 2022 | $0.25 | 2.78% |
| Apr 20, 2022 | $0.25 | 2.7% |
| Jan 20, 2022 | $0.25 | 2.65% |
| Oct 20, 2021 | $0.25 | 2.24% |
| Jul 21, 2021 | $0.25 | 2.24% |
| Apr 21, 2021 | $0.25 | 1.91% |
| Dec 18, 2020 | $0.25 | 2.79% |
| Oct 21, 2020 | $0.25 | 2.46% |
| Jul 22, 2020 | $0.25 | 2.18% |
| Apr 21, 2020 | $0.25 | 2.69% |
| Jan 22, 2020 | $0.25 | 2.36% |
| Oct 22, 2019 | $0.25 | 2.58% |
| Jul 22, 2019 | $0.25 | 2.46% |
| Apr 18, 2019 | $0.25 | 2% |
| Jan 23, 2019 | $0.25 | 2.45% |
| Oct 23, 2018 | $0.25 | 1.74% |
| Jul 23, 2018 | $0.25 | 3.92% |
| Apr 20, 2018 | $0.25 | 3.37% |
| Oct 19, 2017 | $1 | 1.5% |
| Oct 14, 2016 | $0.3 | 0.55% |
| Oct 13, 2015 | $0.7 | 1.98% |
Argan dividend payout ratio
Payout ratio
AGX has a payout ratio of 39.1% which is higher than the Industrials sector and the industry average. In comparison with the Industrials sector average of 32.6%, Argan's payout ratio is 20% higher.
Total amount of dividends paid per financial year (from cash flow)
AGX dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NDSN Nordson Corp | 1.08% | $2.82 | 34.1% |
| KBR Kbr Inc | 0.95% | $0.59 | 24.7% |
| AGX Argan Inc | 0.8% | $1.28 | 39.1% |
| PRIM Primoris Services Corp | 0.29% | $0.24 | 7.8% |
Frequently asked questions
Does Argan pay a dividend?
Yes, Argan has paid four dividends in the last twelve months. AGX has been paying dividends since 2012.
When was AGX's last dividend?
Argan's last regular dividend was on Oct 23, 2024 (ex-date) with the amount of $0.375 per share.
How much dividend does Argan pay (per share)?
AGX has paid dividend of $1.28 per share in the last year.
What is Argan's dividend yield?
Argan's current dividend yield is 0.8%.
How often does Argan pay dividends?
Argan has a quarterly dividend frequency.
What is Argan's dividend payout ratio?
Argan's dividend payout ratio is 39.1%.
Does Argan pay a good dividend?
Argan's dividend yield is lower than the Industrials sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.