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Alta Equipment Group Announces Preferred Stock Dividend

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Alta Equipment Group (NYSE: ALTG), a premium material handling, construction and environmental processing equipment provider, has declared its quarterly dividend for Series A Cumulative Perpetual Preferred Stock. The Board of Directors approved a dividend of $625 per preferred share, which translates to $0.625 per Depositary Share (each representing 1/1000th fractional interest in one Series A Preferred share).

The dividend will be paid on April 30, 2025, to shareholders recorded as of April 15, 2025.

Alta Equipment Group (NYSE: ALTG), fornitore di attrezzature premium per la movimentazione dei materiali, costruzione e lavorazione ambientale, ha dichiarato il suo dividendo trimestrale per le Azioni Preferenziali Cumulative Perpetue di Serie A. Il Consiglio di Amministrazione ha approvato un dividendo di $625 per azione preferenziale, che si traduce in $0,625 per Azione Depositaria (ognuna rappresentante 1/1000 di un interesse frazionario in una azione preferenziale di Serie A).

Il dividendo sarà pagato il 30 aprile 2025, agli azionisti registrati al 15 aprile 2025.

Alta Equipment Group (NYSE: ALTG), proveedor de equipos premium para el manejo de materiales, construcción y procesamiento ambiental, ha declarado su dividendo trimestral para las Acciones Preferentes Acumulativas Perpetuas de Serie A. La Junta Directiva aprobó un dividendo de $625 por acción preferente, lo que se traduce en $0.625 por Acción Depositaria (cada una representando 1/1000 de un interés fraccionario en una acción preferente de Serie A).

El dividendo se pagará el 30 de abril de 2025, a los accionistas registrados hasta el 15 de abril de 2025.

알타 장비 그룹 (NYSE: ALTG), 프리미엄 자재 취급, 건설 및 환경 처리 장비 제공업체가 A 시리즈 누적 영구 우선주에 대한 분기 배당금을 발표했습니다. 이사회는 우선주 1주당 $625의 배당금을 승인했으며, 이는 예탁주식 1주당 $0.625로 환산됩니다 (각각 A 시리즈 우선주 1/1000의 분수적 이익을 나타냅니다).

배당금은 2025년 4월 30일에 지급되며, 2025년 4월 15일 기준으로 등록된 주주에게 지급됩니다.

Alta Equipment Group (NYSE: ALTG), fournisseur d'équipements de manutention de matériaux, de construction et de traitement environnemental haut de gamme, a déclaré son dividende trimestriel pour les actions privilégiées cumulatives perpétuelles de série A. Le conseil d'administration a approuvé un dividende de 625 $ par action privilégiée, ce qui équivaut à 0,625 $ par action de dépôt (chacune représentant 1/1000 d'un intérêt fractionnaire dans une action privilégiée de série A).

Le dividende sera payé le 30 avril 2025 aux actionnaires enregistrés au 15 avril 2025.

Alta Equipment Group (NYSE: ALTG), ein Anbieter von Premium-Materialhandling-, Bau- und Umweltverarbeitungsgeräten, hat seine vierteljährliche Dividende für die Serie A kumulierten ewigen Vorzugsaktien erklärt. Der Vorstand hat eine Dividende von $625 pro Vorzugsaktie genehmigt, was $0,625 pro Depotaktie entspricht (jede repräsentiert 1/1000 eines anteiligen Interesses an einer Serie A Vorzugsaktie).

Die Dividende wird am 30. April 2025 an Aktionäre ausgezahlt, die bis zum 15. April 2025 registriert sind.

Positive
  • Consistent dividend payment maintained for preferred shareholders
  • Cumulative nature of preferred stock ensures dividend accumulation
Negative
  • None.

LIVONIA, Mich., April 03, 2025 (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 April 30, 2025, to shareholders of record at the close of business on April 15, 2025.

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 ALTG Series A Preferred Stock in Q2 2025?

Alta Equipment Group approved a dividend of $625 per preferred share, or $0.625 per Depositary Share for Q2 2025.

When is the dividend payment date for ALTG preferred shareholders?

The dividend payment date is April 30, 2025, for shareholders of record as of April 15, 2025.

What is the fractional interest represented by ALTG's Depositary Shares?

Each Depositary Share represents a 1/1000th fractional interest in one share of Series A Preferred Stock.

What type of preferred stock is ALTG paying dividends on?

ALTG is paying dividends on its Series A Cumulative Perpetual Preferred Stock.
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