Alta Equipment Group Inc. (ALTG)
Alta Equipment Group Inc. is a provider of new and used industrial equipment, including material handling, construction, and industrial solutions. The company offers equipment sales, rentals, parts, and service, serving various industries such as construction, manufacturing, and logistics. Headquartered in Michigan, Alta Equipment Group focuses on delivering comprehensive equipment solutions and support to its customers.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| May 30, 2025 | $0.06 | 2025-05-15 | 2025-05-15 |
| February 28, 2025 | $0.06 | 2025-02-14 | 2025-02-15 |
| November 29, 2024 | $0.06 | 2024-11-15 | 2024-11-15 |
| August 30, 2024 | $0.06 | 2024-08-15 | 2024-08-15 |
| May 31, 2024 | $0.06 | 2024-05-14 | 2024-05-15 |
Dividends Summary
- Alta Equipment Group Inc. has issued 12 dividend payments over the past 3 years
- The most recent dividend was paid 147 days ago, on May 30, 2025
- The highest dividend payed out to investors during this period was $0.06 per share
- The average dividend paid during this period was $0.06 per share.
Company News
Alta Equipment Group has approved a quarterly dividend of $0.625 per depositary share for its Series A Cumulative Perpetual Preferred Stock, payable on October 31, 2025, to shareholders of record as of October 15, 2025.
Alta Equipment Group reported Q2 2025 revenue of $481.2 million, slightly exceeding analyst expectations but down 1.4% year-over-year. The company demonstrated cost management improvements and stabilization across construction and material handling segments, with challenges from regional market softness and tariffs.
Investors need to pay close attention to Alta Equipment (ALTG) stock based on the movements in the options market lately.
U.S. stocks closed lower on Friday, with the S&P 500 recording its second-consecutive weekly loss. The S&P 500 lost 0.13% last week, while the 30-stock Dow slipped by 0.02%. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market move...