Alta Equipment Group's Quarterly Dividend Announcement
Alta Equipment Group Inc. (NYSE: ALTG), a premier provider of material handling and construction equipment, has made an important announcement regarding its latest dividend. The company has declared a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock amounting to $625 for each preferred share held.
Details of the Dividend Payment
This dividend translates to a payment of $0.625 per Depositary Share, representing a fractional interest in one share of Series A Preferred Stock. The payment is scheduled for October 31, 2025, to shareholders registered by the close of business on October 15, 2025. Such timely announcements solidify Alta's ongoing commitment to returning value to its shareholders.
About Alta Equipment Group
Founded several decades ago, Alta Equipment Group operates one of North America’s largest integrated dealership platforms for construction and material handling equipment. The company's expansive branch network specializes in the sale, rental, and service of a wide array of heavy machinery and solutions.
Wide Range of Equipment Offerings
Customers of Alta can find a comprehensive selection of specialized equipment, from lift trucks to environmental processing equipment. Their service portfolio also extends to cranes, compact earthmoving machines, paving equipment, and much more. For over 41 years, Alta has built a reputation for reliability, supporting diverse sectors across the U.S. and Canada.
Commitment to Quality and Customer Service
The company prides itself on providing exceptional customer support and ensuring that each client has access to their required equipment. With over 85 locations across various states and provinces, Alta is strategically positioned to serve a wide demographic of customers, offering products that meet the industry's highest standards.
Innovative Solutions for Modern Industries
Committed to innovation, Alta Equipment Group continually seeks to adapt to evolving market needs. Their dedicated teams aim to simplify equipment logistics and maximize operational efficiency for their clients in construction and other sectors.
Strengthening Relations with Investors
Alta values its relationship with investors and continuously updates them. The announcement of the preferred stock dividend further reinforces this commitment. Investors are encouraged to stay informed about these developments, as they signify the company's robust financial health and dedication to providing shareholder value.
Contact Information
For any inquiries regarding investments or media relations, interested parties can reach out to:
Investors:
Kevin Inda
SCR Partners, LLC
kevin@scr-ir.com
(225) 772-0254
Media:
Glenn Moore
Alta Equipment Group Inc.
glenn.moore@altg.com
(248) 305-2134
Frequently Asked Questions
1. What is the amount of the preferred stock dividend announced by Alta Equipment Group?
The company announced a quarterly dividend of $625 per preferred share, translating to $0.625 per Depositary Share.
2. When will the dividend be paid?
The dividend payment is scheduled for October 31, 2025, to shareholders of record as of October 15, 2025.
3. What does the preferred stock dividend indicate about Alta Equipment Group?
It shows the company's commitment to providing returns to investors and its overall financial stability.
4. How long has Alta Equipment Group been in operation?
Alta Equipment Group has been in operation for more than 41 years, serving various sectors with top-quality equipment.
5. How can investors contact Alta for inquiries?
Investors can reach out via email to Kevin Inda at kevin@scr-ir.com for investment inquiries or contact Glenn Moore at glenn.moore@altg.com for media inquiries.
