ALAMO GROUP INC. DECLARES HIGHER REGULAR QUARTERLY DIVIDEND
Alamo Group (NYSE: ALG) has announced a quarterly dividend increase of $0.04 per share, bringing the new quarterly dividend to $0.30 per share. This represents a significant increase of over 15% from the previous dividend amount. The dividend will be paid on January 29, 2025, to shareholders of record as of January 16, 2025.
The substantial dividend increase demonstrates the company's commitment to shareholder value and aligns with its disciplined capital allocation strategy. The consistent pattern of annual dividend increases reflects the company's business resilience and management's confidence in future performance.
Alamo Group (NYSE: ALG) ha annunciato un aumento del dividendo trimestrale di $0,04 per azione, portando il nuovo dividendo trimestrale a $0,30 per azione. Questo rappresenta un aumento significativo di oltre il 15% rispetto all'importo del dividendo precedente. Il dividendo sarà pagato il 29 gennaio 2025, agli azionisti registrati al 16 gennaio 2025.
Il sostanziale aumento del dividendo dimostra l'impegno dell'azienda verso il valore per gli azionisti e si allinea con la sua strategia disciplinata di allocazione del capitale. Il costante schema di aumenti annuali del dividendo riflette la resilienza del business dell'azienda e la fiducia della dirigenza nelle performance future.
Alamo Group (NYSE: ALG) ha anunciado un aumento del dividendo trimestral de $0.04 por acción, llevando el nuevo dividendo trimestral a $0.30 por acción. Esto representa un aumento significativo de más del 15% con respecto al monto del dividendo anterior. El dividendo se pagará el 29 de enero de 2025, a los accionistas registrados a partir del 16 de enero de 2025.
El aumento sustancial del dividendo demuestra el compromiso de la empresa con el valor para los accionistas y se alinea con su estrategia disciplinada de asignación de capital. El patrón consistente de aumentos anuales en el dividendo refleja la resiliencia del negocio de la empresa y la confianza de la dirección en el desempeño futuro.
알라모 그룹 (NYSE: ALG)은 주당 $0.04의 분기 배당금 증가를 발표하며, 새로운 분기 배당금을 $0.30 주당으로 정했습니다. 이는 이전 배당금에서 15% 이상 증가한 것입니다. 배당금은 2025년 1월 29일에 지급되며, 2025년 1월 16일 기준의 주주들에게 지급됩니다.
상당한 배당금 증가는 주주 가치를 위한 회사의 헌신을 보여주며, 자본 할당 전략과 일치합니다. 매년 배당금이 증가하는 일관된 패턴은 회사의 비즈니스 회복력과 앞으로의 성과에 대한 경영진의 신뢰를 반영합니다.
Alamo Group (NYSE: ALG) a annoncé une augmentation de son dividende trimestriel de $0,04 par action, portant le nouveau dividende trimestriel à $0,30 par action. Cela représente une augmentation significative de plus de 15 % par rapport au montant du dividende précédent. Le dividende sera payé le 29 janvier 2025 aux actionnaires inscrits au 16 janvier 2025.
Cette augmentation substantielle du dividende démontre l'engagement de l'entreprise envers la valeur actionnariale et s'aligne avec sa stratégie disciplinée d'allocation de capital. Le schéma constant d'augmentations annuelles du dividende reflète la résilience de l'entreprise et la confiance de la direction dans la performance future.
Alamo Group (NYSE: ALG) hat eine Erhöhung der vierteljährlichen Dividende um $0,04 pro Aktie angekündigt, wodurch die neue vierteljährliche Dividende auf $0,30 pro Aktie steigt. Dies stellt einen signifikanten Anstieg von über 15% im Vergleich zum vorherigen Dividendenbetrag dar. Die Dividende wird am 29. Januar 2025 an die Aktionäre ausgezahlt, die am 16. Januar 2025 im Aktienregister stehen.
Die erhebliche Erhöhung der Dividende zeigt das Engagement des Unternehmens für den Wert der Aktionäre und steht im Einklang mit seiner disziplinierten Kapitalallokationsstrategie. Das konstante Muster jährlicher Dividendenerhöhungen spiegelt die Widerstandsfähigkeit des Unternehmens sowie das Vertrauen der Geschäftsführung in die zukünftige Leistung wider.
- 15% increase in quarterly dividend from $0.26 to $0.30 per share
- Demonstrates strong cash flow generation capability
- Shows management confidence in company's future performance
- Indicates business resilience and financial stability
- None.
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 4,000 employees and operates 28 plants in
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, unanticipated acquisition results, increasing costs due to inflation, disease outbreaks, geopolitical risks, including effects of the war in the
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SOURCE Alamo Group Inc.
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