ALAMO GROUP INC. DECLARES REGULAR QUARTERLY DIVIDEND

Rhea-AI Summary

Alamo Group (NYSE: ALG) has announced its quarterly dividend declaration. The Board of Directors has approved a dividend payment of $0.30 per share. The dividend will be paid on April 29, 2025, to shareholders who are recorded in the company's books at the close of business on April 16, 2025.

Positive

• Regular quarterly dividend maintained at $0.30 per share
• Consistent dividend payment demonstrates financial stability

Negative

• None.

SEGUIN, Texas, April 1, 2025 /PRNewswire/ -- Alamo Group Inc. (NYSE: ALG) announced today that its Board of Directors has declared its quarterly dividend of $0.30 per share. Payment of the April dividend will be made on April 29, 2025, to shareholders of record at the close of business on April 16, 2025.

About Alamo Group

Alamo Group is a leader in the design, manufacture, distribution, and service of high-quality equipment for vegetation management, infrastructure maintenance and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 3,750 employees and operates 28 plants in North America, Europe, Australia, and Brazil as of December 31, 2024. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.

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, increasing costs due to inflation, disease outbreaks, geopolitical risks, including tariffs, trade wars, and the effects of the war in the Ukraine and the Middle East, competition, weather, seasonality, currency-related issues, and other risk factors listed from time to time in the Company's SEC reports.  The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.

View original content:https://www.prnewswire.com/news-releases/alamo-group-inc-declares-regular-quarterly-dividend-302417463.html

SOURCE Alamo Group Inc.

FAQ

What is the dividend amount for Alamo Group (ALG) in April 2025?

Alamo Group (ALG) declared a quarterly dividend of $0.30 per share for April 2025.

When is the payment date for ALG's April 2025 dividend?

The dividend payment date is set for April 29, 2025.

What is the record date for Alamo Group's Q2 2025 dividend?

The record date is April 16, 2025, at the close of business.

How often does Alamo Group (ALG) pay dividends?

Alamo Group pays dividends on a quarterly basis.