Alta Equipment Group Announces Preferred Stock Dividend

Rhea-AI Summary

Alta Equipment Group (NYSE: ALTG) announced its Board approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock of $625 per preferred share. This equals $0.625 per Depositary Share. The dividend is payable on July 31, 2026 to holders of record on July 15, 2026.

Positive

• Board approved quarterly Series A preferred dividend of $625 per share
• Depositary Share holders receive $0.625 per share on July 31, 2026

Negative

• None.

News Market Reaction – ALTG

+1.81%

5 alerts

+1.81% Session close to close

+2.2% Peak in 46 min

$212.78M Market Cap

0.1x Rel. Volume

In the Jul 2 session, ALTG gained 1.81%, reflecting a mild positive market reaction. Argus tracked a peak move of +2.2% during that session. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

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LIVONIA, Mich., July 02, 2026 (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 Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is July 31, 2026, to shareholders of record at the close of business on July 15, 2026.

About Alta Equipment Group Inc.
Alta owns and operates one of the largest integrated equipment dealership platforms in North America. Through its 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 42 years and has over 80 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, New Brunswick, 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

FAQ

What dividend did Alta Equipment Group (NYSE: ALTG) declare on its Series A preferred stock?

Alta Equipment Group declared a quarterly dividend of $625 per share on its Series A preferred stock. According to Alta, this equals $0.625 per Depositary Share, payable July 31, 2026 to shareholders of record at close of business July 15, 2026.

How much will Alta Equipment Group Depositary Share holders (NYSE: ALTG) receive in the July 2026 dividend?

Depositary Share holders will receive a dividend of $0.625 per share. According to Alta, each Depositary Share represents a 1/1000th interest in one share of Series A Preferred, with payment scheduled for July 31, 2026 to holders of record on July 15, 2026.

When is the record date for Alta Equipment Group’s Series A preferred dividend (NYSE: ALTG)?

The record date for Alta Equipment Group’s Series A preferred dividend is July 15, 2026. According to Alta, shareholders of record at the close of business that day will be eligible to receive the $625 per preferred share dividend, or $0.625 per Depositary Share.

When will Alta Equipment Group (NYSE: ALTG) pay the July 2026 Series A preferred dividend?

Alta Equipment Group will pay the Series A preferred dividend on July 31, 2026. According to Alta, this quarterly dividend is $625 per preferred share, equal to $0.625 per Depositary Share, for investors who are shareholders of record as of July 15, 2026.

How is Alta Equipment Group’s Series A preferred dividend structured for Depositary Shares (NYSE: ALTG)?

The dividend is $625 per Series A preferred share, equal to $0.625 per Depositary Share. According to Alta, each Depositary Share represents a 1/1000th fractional interest in one Series A Preferred share, with the declared quarterly dividend payable July 31, 2026.