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Argan (AGX) 5-Year Dividend Growth Rate : 1.40% (As of Jan. 2024)


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What is Argan 5-Year Dividend Growth Rate?

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. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

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.

Argan's Dividend Payout Ratio for the three months ended in Jan. 2024 was 0.34. As of today, Argan's Dividend Yield % is 1.84%.

Warning Sign:

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

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


Competitive Comparison of Argan's 5-Year Dividend Growth Rate

For the Engineering & Construction subindustry, Argan's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate 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's 5-Year Dividend Growth Rate Distribution in the Construction Industry

For the Construction industry and Industrials sector, Argan's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Argan's 5-Year Dividend Growth Rate falls into.



Argan 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Argan  (NYSE:AGX) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

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

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.

2. 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 0.3002024-04-192024-04-222024-04-30Cash DividendquarterlyUSD:USD 1.000000
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

* 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 Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.15/61.98
=1.86 %

Current Share Price is $61.98.
Argan's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.15.

During the past 13 years, the highest Dividend Yield of Argan was 3.85%. The lowest was 0.94%. And the median was 2.27%.

Warning Sign:

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

* 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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Argan's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Argan (AGX) Business Description

Industry
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