In Q3 2026, 149 dividend-paying stocks announced increases, with an average hike of 7.93% and a median yield of 2.79%. Financials led sector increases, while Health Care posted the highest average increase; larger increases correlated with lower yields. Three companies cut dividends, all flagged as low quality or with weak safety scores prior to the reduction. Six companies declared special dividends.
Argan, Inc. AGX has delivered a strong run in 2026, with shares gaining 25.3% year to date (“YTD”). The stock has outperformed the Zacks Building Products - Miscellaneous industry's 10.7% fall, the Zacks Construction sector's 1.1% decline and the S&P 500 Index's 14.6% gain.
Can AGX turn its $1 billion cash and investments into sustained growth? Its ValCor acquisition, shareholder returns and expansion plans highlight the financial flexibility.
Investors need to pay close attention to AGX stock based on the movements in the options market lately.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Argan delivered record Q2 FY27 revenue of $384M, up 61.5% year-on-year, driven by robust growth across all segments. Healthy underlying demand, power infrastructure, and a sizable backlog should continue to support double-digit topline growth through FY27. Although backlog declined to $2.5B due to rapid project completion, but management expects major new project wins within 7-15 months.
Argan (AGX) reported earnings 30 days ago. What's next for the stock?
Data center moratoriums, particularly in Texas, may cause Argan's project delays/backlog conversion risks while triggering the near-term cash flow/downside risks. This is albeit well balanced by the durable, multi-year AI/electrification capex trends, healthy balance sheet, and ability to take on more projects. Despite the lumpy backlog/margin metrics, AGX may deliver sequentially stronger H2'27 numbers, given the additional fabrication facility and early completion of the Midwest solar project.
These five dividend stocks, including JPMorgan Chase, Microsoft and Argan, have raised payouts repeatedly, offering investors income amid market uncertainty.
Infrastructure, data center and innovation demand support building products companies like URI, OC, ECG, FTDR and AGX despite housing and cost pressures.
Argan, Inc. AGX is expanding its Industrial business as demand for fabrication and infrastructure-related work increases. The company is adding fabrication capacity while pursuing opportunities linked to data centers and other large projects.
Here is how Argan (AGX) and Legence (LGN) have performed compared to their sector so far this year.