Argan, Inc.'s Board of Directors declared a 40% increase in the quarterly cash dividend to $0.70 per common share, up from the previous rate of $0.50. The dividend is payable on October 30, 2026, to stockholders of record as of October 22, 2026. This marks the fourth consecutive annual increase, reflecting management's confidence in converting unprecedented demand for dispatchable power generation into profitable work driven by datacenter load growth and electrification. Argan operates in the energy infrastructure industry, providing engineering, procurement, and construction services for natural gas-fired power plants and renewable energy facilities.

Argan, Inc. reported second quarter fiscal 2027 results ending July 31, 2026, with record revenue of $384 million and net income of $53.3 million. Diluted earnings per share reached $3.76, up from $2.50 in the prior year period. The company declared a cash dividend of $0.50 per share for the quarter. Argan operates in the construction industry, providing engineering, procurement, and construction services to the power, industrial, and teledata sectors.

Argan, Inc. completed the acquisition of ValCor Communications, LLC, a Connecticut-based provider of installation and maintenance services for information, communication, and data networks in New England. The transaction closed on July 31, 2026, with total initial consideration of approximately $8.3 million, funded through cash and Argan common stock. This bolt-on acquisition expands the Company's Teledata segment into the defense, aerospace, and technology customer base across the region. Argan operates in the construction industry, providing engineering, procurement, and construction services for power plants and renewable energy facilities, as well as teledata infrastructure services.

Argan, Inc. declared a regular quarterly cash dividend of $0.50 per share, payable on July 31, 2026, to stockholders of record as of July 23, 2026. The company's 2026 Annual Meeting of Stockholders held on June 10, 2026, resolved matters regarding director elections, executive compensation advisory approval, and auditor ratification. Argan, Inc. provides engineering, procurement, and construction services for the energy and power industries.