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Item 8.01. Other Events.
On September 9, 2021, Argan, Inc. ("Argan”) announced that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, payable October 29, 2021 to stockholders of record at the close of business on October 21, 2021.
A copy of Argan’s press release announcing the dividend is attached to this report as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: September 9, 2021
David H. Watson
Senior Vice President, Chief Financial Officer, Treasurer and Secretary
ARGAN, INC. DECLARES REGULAR QUARTERLY DIVIDEND OF $0.25 PER SHARE
September 9, 2021 – ROCKVILLE, MD – The Board of Directors of Argan, Inc. (NYSE: AGX) ("Argan” or the "Company”) today declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, payable October 29, 2021 to stockholders of record at the close of business on October 21, 2021.
About Argan, Inc.
Argan’s primary business is providing a full range of services to the power industry, including the renewable energy sector. Argan’s service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, 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.
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