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Alta Equipment (NYSE: ALTG) sets $0.625 dividend on ALTG PRA

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Alta Equipment Group Inc. reported that its Board of Directors declared a cash dividend on its 10% Series A Cumulative Perpetual Preferred Stock. Holders of this preferred stock will receive $625 per share, with a record date of October 15, 2025 and a payment date of October 31, 2025. Because each Depositary Share represents a 1/1000th interest in one share of the Series A Preferred, this equals a dividend of $0.625 per Depositary Share, which trades on the New York Stock Exchange under the symbol “ALTG PRA”.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 3, 2025

ALTA EQUIPMENT GROUP INC.

(Exact name of registrant as specified in its charter)

Delaware

001-38864

83-2583782

(State or other jurisdiction
of incorporation)

(Commission
File Number)

(IRS Employer
Identification No.)

13211 Merriman Road

Livonia, Michigan 48150

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (248) 449-6700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, $0.0001 par value per share

ALTG

The New York Stock Exchange

Depositary Shares representing a 1/1000th fractional interest in a share of 10% Series A Cumulative Perpetual Preferred Stock, $0.0001 par value per share

ALTG PRA

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On October 3, 2025, Alta Equipment Group Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors has declared a dividend of $625 per share of its outstanding 10% Series A Cumulative Perpetual Preferred Stock (the “Series A Preferred”), with the record date for the dividend October 15, 2025 and the payment date October 31, 2025. 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 Depositary Shares trade on The New York Stock Exchange under the symbol “ALTG PRA.” The full text of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit No.

Description

99.1

Press Release, dated October 3, 2025, of Alta Equipment Group Inc.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

ALTA EQUIPMENT GROUP INC.

 

 

Dated: October 3, 2025

By:

/s/ Ryan Greenawalt

 

 

Name: Ryan Greenawalt

 

 

Title: Chief Executive Officer


FAQ

What dividend did Alta Equipment Group (ALTG) declare on its preferred stock?

Alta Equipment Group’s Board declared a dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock.

How much will each ALTG PRA Depositary Share receive in dividends?

Each Depositary Share, representing a 1/1000th interest in one Series A Preferred share, will receive a dividend of $0.625 per Depositary Share.

What is the record date for Alta Equipment Group’s Series A Preferred dividend?

The record date for the Series A Preferred dividend is October 15, 2025. Shareholders of record on that date are entitled to receive the dividend.

When will Alta Equipment Group pay the Series A Preferred dividend?

The payment date for the Series A Cumulative Perpetual Preferred Stock dividend is October 31, 2025.

On which exchange and under what symbol do Alta’s Depositary Shares trade?

The Depositary Shares representing the Series A Preferred trade on the New York Stock Exchange under the symbol “ALTG PRA”.

What document contains more details on Alta Equipment Group’s dividend announcement?

More details are provided in the company’s press release dated October 3, 2025, which is filed as Exhibit 99.1 to the report.