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| Ex-Div Reminder for Argan (AGX)By Dividend Channel Staff, Wednesday, October 18, 10:10 AM ET
On 10/20/23, Argan Inc (NYSE:AGX) will trade ex-dividend, for its quarterly dividend of $0.30, payable on 10/31/23. As a percentage of AGX's recent stock price of $46.54, this dividend works out to approximately 0.64%, so look for shares of Argan Inc to trade 0.64% lower — all else being equal — when AGX shares open for trading on 10/20/23. Below is a dividend history chart for AGX, showing historical dividends prior to the most recent $0.30 declared by Argan Inc: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from AGX is likely to continue, and whether the current estimated yield of 2.58% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of AGX shares, versus its 200 day moving average:
Looking at the chart above, AGX's low point in its 52 week range is $31.64 per share, with $47.80 as the 52 week high point — that compares with a last trade of $46.32. Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter
In Wednesday trading, Argan Inc shares are currently off about 0.2% on the day.
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