
Argan, Inc.
AGXIndustrials · Engineering & Construction · Stock · quarterly payer
Forward Yield
0.72%
Annual Dividend
$2.00
Payout Ratio
16%
5-Yr Growth
10.2%
Ex-Date
Oct 22, 2026
Frequency
Quarterly
Key facts about AGX's dividend
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Argan, Inc. (AGX) has a forward dividend yield of 0.72%, based on an annual dividend of $2.00 per share and a share price of $365.81.
- As of Oct 15, 2026, AGX's dividend safety grade from SmarterDividends is A (80 out of 100), which rates the dividend as very safe.
- By SmarterDividends' count, Argan, Inc. (AGX) has raised its dividend for 3 consecutive years as of Oct 15, 2026.
- AGX has never cut its regular dividend in the payment history SmarterDividends has on record.
- AGX's next ex-dividend date is Oct 22, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
- As of Oct 15, 2026, AGX pays out 16% of its trailing 12-month earnings as dividends (its payout ratio).
- AGX's dividend has grown at an average rate of 10.2% a year over the past five years.
- As of Oct 15, 2026, AGX's 0.72% yield is 60% below its five-year average yield of 1.81%.
- As of Oct 15, 2026, SmarterDividends' blended fair-value estimate for AGX is $501.21 per share, 37% above the $365.81 share price, so AGX screens as undervalued.
- Argan, Inc. (AGX) pays its dividend quarterly, 4 times a year.
Cite this page
SmarterDividends, "AGX Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 15, 2026, https://smarterdividends.com/stocks/AGX
Summary
As of Oct 15, 2026, Argan, Inc. (AGX) yields 0.72% ($2.00 a year per share), has a dividend safety grade of A (80/100) and has 3 consecutive years of dividend increases on record.
Is AGX a good dividend stock?
YesArgan, Inc. (AGX) pays a quarterly dividend yielding 0.72% ($2.00/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- Never cut its dividend on record
- Comfortable payout ratio (16%)
- Strong 10.2% 5-yr dividend growth
- 852% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 0.72%
- Payout Ratio
- 16%
- Annual Dividend
- $2.00
- 5-Yr Avg Growth
- 10.2%
- Ex-Dividend Date
- Oct 22, 2026
- Years of Growth
- 3
- Frequency
- quarterly
- Beta
- 0.55
- Market Cap
- $5.1B
- P/E Ratio
- 30.7
- 5-Yr Total Return
- 852%
- 52-Week Range
- $257.62 – $805.75
- Dividend Safety
- A · 80/100
- Ever Cut?
- No
Frequently Asked Questions
Is AGX a good dividend stock?
Yes. Argan, Inc. (AGX) pays a quarterly dividend yielding 0.72% ($2.00/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Is AGX undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, AGX's fair value is about $501.21 versus a $365.81 share price — so it looks undervalued (+37% vs. fair value).
Is AGX's dividend safe?
AGX has a dividend-safety grade of A (80/100), based on its payout coverage, free-cash-flow, 3-year growth streak, a clean no-cut history, debt and yield-versus-history.
What is AGX's fair value?
Our blended fair-value estimate for AGX is about $501.21 per share, roughly 37% above the current $365.81 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is AGX a buy, hold, or sell?
We don't issue formal ratings, but on the data AGX screens as "yes" and undervalued. Argan, Inc. (AGX) pays a quarterly dividend yielding 0.72% ($2.00/yr), with 3 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.
Will AGX cut its dividend?
AGX earns a dividend-safety grade of A (80/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does AGX pay a dividend?
Yes. Argan, Inc. pays a quarterly dividend of about $2.00 per share annually, a forward yield of roughly 0.72%.
What is AGX's dividend yield?
As of Oct 15, 2026, AGX's forward dividend yield is 0.72%, based on a $2.00 annual dividend and a $365.81 share price.
What is AGX's dividend per share?
As of Oct 15, 2026, AGX pays $2.00 per share per year, distributed on a quarterly basis.
What is AGX's dividend payout ratio?
As of Oct 15, 2026, AGX's payout ratio is 16% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has AGX grown its dividend?
As of Oct 15, 2026, AGX has increased its dividend for 3 consecutive years.
When is the next AGX ex-dividend date?
As of Oct 15, 2026, the next ex-dividend date on record for AGX is Oct 22, 2026.
AGX Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+758%
5 Years
+852%
52-Week Range
$257.62 – $805.75
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is AGX worth?
Undervaluedmedium confidenceOur blended fair-value estimate for Argan, Inc. is $501.21 per share, versus a market price of $365.81. That implies 37% of upside — a margin of safety of about 27%.
Fair Value
$501.21
Current Price
$365.81
Upside
+37%
Margin of Safety
27%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 3.4% annual free-cash-flow growth. We model 12.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 8.0% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $12.65 EPS, $2.80 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
AGX Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
Full AGX dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 23, 2026 | Jul 31, 2026 | $0.5000 | regular |
| Apr 22, 2026 | Apr 30, 2026 | $0.5000 | regular |
| Jan 22, 2026 | Jan 30, 2026 | $0.5000 | regular |
| Oct 23, 2025 | Oct 31, 2025 | $0.5000 | regular |
| Jul 23, 2025 | Jul 31, 2025 | $0.3750 | regular |
| Apr 22, 2025 | Apr 30, 2025 | $0.3750 | regular |
| Jan 23, 2025 | Jan 31, 2025 | $0.3750 | regular |
| Oct 23, 2024 | Oct 31, 2024 | $0.3750 | regular |
| Jul 23, 2024 | Jul 31, 2024 | $0.3000 | regular |
| Apr 19, 2024 | Apr 30, 2024 | $0.3000 | regular |
| Jan 22, 2024 | Jan 31, 2024 | $0.3000 | regular |
| Oct 20, 2023 | Oct 31, 2023 | $0.3000 | regular |
| Jul 20, 2023 | Jul 31, 2023 | $0.2500 | regular |
| Apr 19, 2023 | Apr 28, 2023 | $0.2500 | regular |
Income Calculator
At $2.00 / yr per share
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