ALAMO GROUP INC. DECLARES HIGHER REGULAR QUARTERLY DIVIDEND
Rhea-AI Summary
Alamo Group (NYSE: ALG) announced a higher regular quarterly dividend: the Board declared a dividend of $0.34 per share, an increase of $0.04 per share (more than 13%).
The company framed the raise as part of its disciplined capital allocation strategy and consistent annual dividend increases, citing confidence in the business. Payment is scheduled for January 29, 2026 to shareholders of record at the close of business on January 16, 2026.
Positive
- Dividend increase of $0.04 per share (+13%+)
- Next payment date set for January 29, 2026
- Record date confirmed as January 16, 2026
Negative
- None.
About Alamo Group
Alamo Group is a leading global manufacturer of high-quality industrial and vegetation management equipment essential for public and private infrastructure maintenance and responsible land management practices. Our products include vacuum trucks, hydro-excavator machines, street sweepers, snow and ice removal equipment, truck and tractor-mounted mowing attachments, recycling and tree care equipment, and other industrial and vegetation maintenance equipment, and related after-market parts and services. The Company operates 27 plants in
Forward Looking Statements
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: adverse economic conditions which could lead to a reduction in overall market demand, supply chain disruptions, labor constraints, unanticipated acquisition results, increasing costs due to inflation, disease outbreaks, geopolitical risks, including effects of the war in the
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SOURCE Alamo Group Inc.