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Alta Equipment Group Announces Preferred Stock Dividend

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Alta Equipment Group (NYSE: ALTG) has announced a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock. The dividend is set at $625 per preferred share, which translates to $0.625 per Depositary Share representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend will be paid on October 31, 2024, to shareholders of record as of the close of business on October 15, 2024.

Alta Equipment Group is a leading provider of premium material handling, construction, and environmental processing equipment, along with related services. This dividend announcement demonstrates the company's commitment to providing returns to its preferred shareholders.

Alta Equipment Group (NYSE: ALTG) ha annunciato un dividendo trimestrale sulle sue azioni privilegiate cumulative perpetue di Serie A. Il dividendo è fissato a $625 per azione privilegiata, il che equivale a $0.625 per azione depositaria che rappresenta un interesse frazionario di 1/1000 su un'azione di Serie A Privilegiata. Il dividendo sarà pagato il 31 ottobre 2024, agli azionisti registrati al termine dell'orario lavorativo del 15 ottobre 2024.

Alta Equipment Group è un fornitore leader di attrezzature per la movimentazione di materiali, costruzione e lavorazione ambientale, insieme ai servizi correlati. Questo annuncio del dividendo dimostra l'impegno dell'azienda a fornire ritorni ai suoi azionisti privilegiati.

Alta Equipment Group (NYSE: ALTG) ha anunciado un dividendo trimestral sobre sus acciones preferentes acumulativas perpetuas de Serie A. El dividendo se establece en $625 por acción preferente, lo que se traduce en $0.625 por acción de depósito que representa un interés fraccionario de 1/1000 en una acción de Serie A Preferente. El dividendo se pagará el 31 de octubre de 2024, a los accionistas registrados al cierre de operaciones del 15 de octubre de 2024.

Alta Equipment Group es un proveedor líder de equipos de manipulación de materiales, construcción y procesamiento ambiental, junto con servicios relacionados. Este anuncio de dividendo demuestra el compromiso de la empresa de proporcionar retornos a sus accionistas preferentes.

알타 장비 그룹 (NYSE: ALTG)는 시리즈 A 누적 영구 우선주에 대한 분기 배당금을 발표했습니다. 배당금은 우선주 1주당 $625로 책정되며, 이는 예탁 주식당 $0.625로 변환됩니다. 이 금액은 시리즈 A 우선주의 1/1000의 분수 이익을 나타냅니다. 배당금은 2024년 10월 31일에 지급되며, 2024년 10월 15일 비즈니스 종료 시점에 주주로 등록된 이들에게 지급됩니다.

알타 장비 그룹은 프리미엄 자재 취급, 건설 및 환경 처리 장비와 관련된 서비스를 제공하는 선두 업체입니다. 이 배당 발표는 우선주 주주들에게 수익을 제공하려는 회사의 의지를 보여줍니다.

Alta Equipment Group (NYSE: ALTG) a annoncé un dividende trimestriel sur ses actions privilégiées cumulatives perpétuelles de Série A. Le dividende est fixé à 625 $ par action privilégiée, ce qui se traduit par 0,625 $ par action de dépôt représentant un intérêt fractionnaire de 1/1000 sur une action privilégiée de Série A. Le dividende sera payé le 31 octobre 2024, aux actionnaires enregistrés à la clôture des affaires le 15 octobre 2024.

Alta Equipment Group est un fournisseur de premier plan d'équipements de manutention de matériaux, de construction et de traitement environnemental, ainsi que de services connexes. Cette annonce de dividende démontre l'engagement de l'entreprise à fournir des retours à ses actionnaires privilégiés.

Alta Equipment Group (NYSE: ALTG) hat eine vierteljährliche Dividende auf seine Serie A kumulierten ewigen Vorzugsaktien angekündigt. Die Dividende ist auf 625 $ pro Vorzugsaktie festgesetzt, was 0,625 $ pro Einlageaktie entspricht, die ein fraktionelles Interesse von 1/1000 an einer Serie A Vorzugsaktie darstellt. Die Dividende wird am 31. Oktober 2024 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 15. Oktober 2024 registriert sind.

Alta Equipment Group ist ein führender Anbieter von hochwertigen Materialhandling-, Bau- und Umweltverarbeitungsgeräten sowie zugehörigen Dienstleistungen. Diese Dividendenankündigung zeigt das Engagement des Unternehmens, seinen Vorzugsaktionären Renditen zu bieten.

Positive
  • Consistent dividend payment to preferred shareholders
  • Demonstrates financial stability and shareholder value focus
Negative
  • None.

LIVONIA, Mich., Oct. 03, 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 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 October 31, 2024, to shareholders of record at the close of business on October 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 the dividend amount for Alta Equipment Group's (ALTG) Series A Preferred Stock?

Alta Equipment Group (ALTG) announced a dividend of $625 per preferred share for its Series A Cumulative Perpetual Preferred Stock, which equates to $0.625 per Depositary Share.

When is the dividend payment date for Alta Equipment Group's (ALTG) preferred stock?

The dividend payment date for Alta Equipment Group's (ALTG) preferred stock is October 31, 2024.

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

The record date for Alta Equipment Group's (ALTG) preferred stock dividend is October 15, 2024, at the close of business.

How often does Alta Equipment Group (ALTG) pay dividends on its preferred stock?

Based on the announcement of a quarterly dividend, Alta Equipment Group (ALTG) appears to pay dividends on its preferred stock on a quarterly basis.

Alta Equipment Group Inc.

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