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Argan (AGX) Dividend Yield %

: 1.77% (As of Today)
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As of today (2024-04-16), the Trailing Annual Dividend Yield of Argan is 1.77%.

Warning Sign:

Argan Inc stock dividend yield is close to 5-year low.

The historical rank and industry rank for Argan's Dividend Yield % or its related term are showing as below:

AGX' s Dividend Yield % Range Over the Past 10 Years
Min: 0.94   Med: 2.28   Max: 3.85
Current: 1.77

During the past 13 years, the highest Dividend Yield of Argan was 3.85%. The lowest was 0.94%. And the median was 2.28%.

AGX's Dividend Yield % is ranked worse than
68.93% of 959 companies
in the Construction industry
Industry Median: 2.82 vs AGX: 1.77

Argan's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.34.

During the past 13 years, the highest Dividend Payout Ratio of Argan was 0.66. The lowest was 0.14. And the median was 0.34.

As of today (2024-04-16), the Forward Dividend Yield % of Argan is 1.96%.

Argan's Dividends per Share for the three months ended in Jan. 2024 was $0.30.

During the past 12 months, Argan's average Dividends Per Share Growth Rate was 10.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 3.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.40% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Argan was 12.60% per year. The lowest was 3.20% per year. And the median was 12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Argan Dividend Yield % Historical Data

The historical data trend for Argan's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Argan Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.37 2.31 2.69 2.56 2.48

Argan Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.56 2.49 2.63 2.30 2.48

Competitive Comparison

For the Engineering & Construction subindustry, Argan's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Argan Dividend Yield % Distribution

For the Construction industry and Industrials sector, Argan's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Argan's Dividend Yield % falls into.



Argan Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Argan Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3002024-01-222024-01-232024-01-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.3002023-10-202023-10-232023-10-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-07-202023-07-212023-07-31Cash DividendquarterlyUSD:USD 1.000000
USD 0.2502023-04-192023-04-202023-04-28Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Argan's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1/61.09
=1.80 %

Current Share Price is $61.09.
Argan's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.1.

Argan's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.2/61.09
=1.96 %

Current Share Price is $61.09.
Argan's Dividends per Share for the forward twelve months is calculated as $0.3 * 4 = $1.2.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Argan  (NYSE:AGX) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Argan Dividend Yield % Related Terms

Thank you for viewing the detailed overview of Argan's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Argan (AGX) Business Description

Traded in Other Exchanges
Address
One Church Street, Suite 201, Rockville, MD, USA, 20850
Argan Inc is a United States-based company that primarily operates in the power industry services segment through its wholly-owned subsidiaries. Gemma Power Systems and affiliates, one of Argan's subsidiaries, contributed almost all Argan's sales. GPS is a contractor that provides a full range of engineering, procurement, and construction services for power-generating projects. GPS' works encompass complete plant design, construction, electrical interconnection, plant testing, and commissioning. Argan also generates a small portion of sales from industrial fabrication and field services, as well as telecommunication infrastructure services. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derive majority revenue.
Executives
Cynthia Flanders director, officer: SVP & CFO 10006 WILDWOOD ROAD, KENSINGTON MD 20895
Jeffrey John Ronald Jr. director 55 GRANDVIEW CIRCLE, MANHASSET NY 11030
Griffin William F Jr director, officer: VC/CEO of Gemma Power Systems C/O GEMMA POWER SYSTEMS, LLC, 769 HEBRON AVENUE, GLASTONBURY CT 06033
Mitchell W G Champion director NETWORK SOLUTIONS, INC., 3009 RIVER LANE, NEW BERN NC 28562
David Hibbert Watson officer: SVP and CFO C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
Richard H Deily officer: Vice President C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
Peter W Getsinger director 35 SNOW?S POINT, EDGARTOWN MA 02539
James W Quinn director PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850
Trebilcock Terrance Colin officer: Co-President, Gemma Power Sys. 64 SADDLE RIDGE ROAD, GLASTONBURY CT 06033
Collins Charles Edwin Iv officer: Co-President, Gemma Power Sys. 68 HICKORY DRIVE, SOUTH GLASTONBURY CT 06073
Mano S Koilpillai director 7380 IRA SEARS ROAD, ADAMSTOWN MD 21710
James E Quinn director C/O TIFFANY & CO LEGAL DEPT, 727 FIFTH AVE, NEW YORK NY 10022
Henry A Crumpton director 2101 WILSON BLVD., SUITE 500, ARLINGTON VA 20005
William F. Leimkuhler director 43 SALEM STRAITS RD, DARIEN CT 06820
Rainer H Bosselmann director, officer: Chairman of the Board and CEO PUROFLOW INCORPORATED, ONE CHURCH STREET SUITE 302, ROCKVILLE MD 20850