Press release

Argan, Inc. Declares Regular Quarterly Dividend of $0.25 Per Share

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Argan, Inc. (NYSE: AGX) announced today that on September 10, 2019 its Board of Directors declared a regular quarterly cash dividend in the amount of $0.25 per share of common stock, payable October 31, 2019 to stockholders of record at the close of business on October 23, 2019.

About Argan, Inc.

Argan’s primary business is providing a full range of services to the power industry including the engineering, procurement and construction of natural gas-fired power plants, along with related commissioning, operations management, maintenance, project development and consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns SMC Infrastructure Solutions, which provides telecommunications infrastructure services, and The Roberts Company, which is a fully integrated fabrication, construction and industrial plant services company.