Alta Equipment Group's Recent Dividend Announcement
Alta Equipment Group Inc. (NYSE: ALTG), a recognized leader in the provision of premium material handling, construction, and environmental processing equipment, has recently shared exciting news concerning its preferred stock. The company's Board of Directors has sanctioned the payment of a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock.
Details of the Dividend
The approved dividend is set at $625 per preferred share. This translates to a payment of $0.625 for every outstanding Depositary Share, which represents a fractional interest in a share of Series A Preferred Stock. Shareholders can expect the dividend payment to be disbursed on October 31, 2025, for all those recorded by the company as of the close of business on October 15, 2025.
About Alta Equipment Group Inc.
Founded over four decades ago, Alta Equipment Group operates one of the largest integrated equipment dealership networks in North America. With a robust branch network, the company excels in the sale, rental, and servicing of an extensive array of specialized equipment. This includes lift trucks and material handling equipment, heavy and compact earthmoving vehicles, environmental processing equipment, cranes, paving machinery, and much more.
Comprehensive Service Across Many Locations
Alta Equipment Group has established a prominent presence, with over 85 locations across various states, including Michigan, Illinois, Indiana, Ohio, Pennsylvania, and more, as well as in Canadian provinces such as Ontario and Quebec. This widespread footprint enables the company to provide a one-stop-shop solution for its customers' equipment needs, backed by an industry-leading product portfolio.
Commitment to Customer Satisfaction
One of the outstanding features of Alta is its dedication to customer service, which is reflected in the extensive range of products and services they provide. With the utmost focus on meeting client needs, Alta continues to build a reputation as a reliable partner in the equipment industry.
Contact Information for Further Inquiries
For more information regarding the dividend announcement or any additional inquiries, investors can reach out to Kevin Inda at SCR Partners, LLC, via email at kevin@scr-ir.com or call (225) 772-0254. Media inquiries can be directed to Glenn Moore at Alta Equipment Group Inc. at glenn.moore@altg.com or by calling (248) 305-2134.
Frequently Asked Questions
What is the dividend amount for Alta Equipment's preferred stock?
The dividend amount is $625 per preferred share, equating to $0.625 per outstanding Depositary Share.
When will the dividend be paid?
The dividend payment is scheduled for October 31, 2025.
Who can receive the dividend payment?
Shareholders of record as of October 15, 2025, will be eligible to receive the dividend payment.
How many locations does Alta Equipment operate?
Alta Equipment operates over 85 locations across various states and Canadian provinces.
Who should I contact for more information?
For investor inquiries, contact Kevin Inda at kevin@scr-ir.com; for media inquiries, reach out to Glenn Moore at glenn.moore@altg.com.
