Alta Equipment Group Announces Common Stock Dividend

Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) has declared a quarterly dividend of $0.057 per share on its common stock. The dividend will be paid on November 29, 2024, to shareholders of record as of the close of business on November 15, 2024. Alta Equipment Group operates as a provider of premium material handling, construction and environmental processing equipment and related services.

Positive

• Consistent dividend payment demonstrates financial stability
• Maintains shareholder returns through dividend distribution

Negative

• None.

LIVONIA, Mich., Nov. 04, 2024 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its common stock in the amount of $0.057 per share. The dividend payment date is November 29, 2024, to shareholders of record at the close of business on November 15, 2024.

About Alta Equipment Group Inc.
Alta owns and operates one of the largest integrated equipment dealership platforms in North America. Through our branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction equipment and allied products. Alta has operated as an equipment dealership for 40 years and has developed a branch network that includes over 85 total locations across Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada and Florida and the Canadian provinces of Ontario and Quebec. Alta offers its customers a one-stop-shop for their equipment needs through its broad, industry-leading product portfolio. More information can be found at www.altg.com.

Contacts

Investors:
Kevin Inda
SCR Partners, LLC
kevin@scr-ir.com
(225) 772-0254

Media:
Glenn Moore
Alta Equipment
glenn.moore@altg.com
(248) 305-2134

FAQ

What is Alta Equipment Group's (ALTG) dividend amount for Q4 2024?

Alta Equipment Group's dividend amount for Q4 2024 is $0.057 per share.

When is Alta Equipment Group's (ALTG) next dividend payment date?

Alta Equipment Group's next dividend payment date is November 29, 2024.

What is the record date for Alta Equipment Group's (ALTG) Q4 2024 dividend?

The record date for Alta Equipment Group's Q4 2024 dividend is November 15, 2024.

How often does Alta Equipment Group (ALTG) pay dividends?

Alta Equipment Group pays dividends quarterly, as indicated by this quarterly dividend announcement.