Argan (AGX) Dividend Payout Ratio

: 0.34 (As of Jan. 2024)

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Argan's dividend payout ratio for the months ended in Jan. 2024 was 0.34.

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

AGX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.34 Max: 0.66
Current: 0.46

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.

AGX's Dividend Payout Ratio is ranked worse than
63.21% of 829 companies
in the Construction industry
Industry Median: 0.34 vs AGX: 0.46

As of today (2024-04-18), the Dividend Yield % of Argan is 1.83%.

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

Argan's Dividends per Share for the 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 Payout Ratio Historical Data

The historical data trend for Argan's Dividend Payout Ratio 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 Payout Ratio

0.66

0.36

0.43

0.46

Argan Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Dividend Payout Ratio																0.25	1.56	0.27	0.75	0.34

Competitive Comparison

For the Engineering & Construction subindustry, Argan's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution

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

* The bar in red indicates where Argan's Dividend Payout Ratio falls into.

Argan Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Argan's Dividend Payout Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	1.1	/	2.39
	=	0.46

Argan's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.3	/	0.89
	=	0.34

Argan (NYSE:AGX) Dividend Payout Ratio Explanation

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.

Argan Dividend Payout Ratio Related Terms

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Argan (AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Argan Inc (NYSE:AGX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

1AW:Germany

Address

One Church Street, Suite 201, Rockville, MD, USA, 20850

Website

https://www.arganinc.com

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