Alta Equipment Group (ALTG) sets dividend on Series A preferred shares
Rhea-AI Filing Summary
Alta Equipment Group Inc. disclosed that its Board of Directors has declared a dividend of $625 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock. Because each depositary share represents a 1/1000th interest in one preferred share, this equals a $0.625 dividend per depositary share, which trades on the New York Stock Exchange under the symbol “ALTG PRA”. The dividend has a record date of January 15, 2026 and will be paid on January 30, 2026 to holders of the preferred stock through the depositary shares.
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FAQ
What dividend did Alta Equipment Group (ALTG) declare on its Series A preferred stock?
Alta Equipment Group’s Board of Directors declared a $625 per share dividend on its outstanding 10% Series A Cumulative Perpetual Preferred Stock.
How much will holders of ALTG PRA depositary shares receive per share?
Each ALTG PRA depositary share, representing a 1/1000th interest in one Series A preferred share, will receive a $0.625 dividend.
What are the record and payment dates for Alta Equipment Group’s Series A preferred dividend?
The record date for the Series A preferred dividend is January 15, 2026, and the payment date is January 30, 2026.
On which exchange and under what symbol do Alta Equipment’s preferred depositary shares trade?
The depositary shares representing 1/1000th of a Series A preferred share trade on the New York Stock Exchange under the symbol “ALTG PRA”.
What type of preferred stock is covered by the ALTG PRA depositary shares?
ALTG PRA depositary shares represent a fractional interest in Alta Equipment Group’s 10% Series A Cumulative Perpetual Preferred Stock.