Alta Equipment Group (NYSE: ALTG) has announced its Board of Directors’ approval of a quarterly dividend for its Series A Cumulative Perpetual Preferred Stock. The dividend amounts to $625 per preferred share, which translates to $0.625 per Depositary Share (representing a 1/1000th fractional interest in one Series A Preferred share). The dividend will be paid on January 31, 2025, to shareholders recorded as of the close of business on January 15, 2025. Alta Equipment Group operates as a premium provider of material handling, construction, and environmental processing equipment and related services.
Alta Equipment Group (NYSE: ALTG) ha annunciato l’approvazione da parte del suo Consiglio di Amministrazione di un dividendo trimestrale per le sue Azioni Prefereziali A Cumulabili Perpetue. Il dividendo ammonta a 625 dollari per azione preferita, il che si traduce in 0,625 dollari per Azione Depositaria (che rappresenta un interesse frazionario di 1/1000 in un’azione preferita di Serie A). Il dividendo sarà pagato il 31 gennaio 2025 agli azionisti registrati entro la chiusura degli affari del 15 gennaio 2025. Alta Equipment Group opera come fornitore di alta qualità di attrezzature per la movimentazione dei materiali, costruzione e lavorazione ambientale e servizi correlati.
Alta Equipment Group (NYSE: ALTG) ha anunciado la aprobación de su Consejo de Administración de un dividendo trimestral para sus Acciones Preferentes A Acumulativas Perpetuas. El dividendo asciende a 625 dólares por acción preferente, lo que se traduce en 0,625 dólares por Acción Depositada (que representa un interés fraccionario de 1/1000 en una acción preferente de la Serie A). El dividendo se pagará el 31 de enero de 2025 a los accionistas registrados hasta el cierre de operaciones del 15 de enero de 2025. Alta Equipment Group opera como un proveedor premium de equipos de manipulación de materiales, construcción y procesamiento ambiental, así como servicios relacionados.
알타 장비 그룹 (NYSE: ALTG)은 이사회가 누적 영구 우선주에 대한 분기 배당금을 승인했다고 발표했습니다. 배당금은 주당 625 달러에 해당하며, 이는 예탁주식당 0.625 달러로 변환됩니다 (1/1000의 우선주에 대한 부분 이익을 나타냅니다). 배당금은 2025년 1월 31일에 지급되며, 2025년 1월 15일 영업 종료 시점에서 기록된 주주에게 지급됩니다. 알타 장비 그룹은 자재 처리, 건설 및 환경 처리 장비 및 관련 서비스의 프리미엄 공급업체로 운영됩니다.
Alta Equipment Group (NYSE: ALTG) a annoncé l’approbation par son Conseil d’Administration d’un dividende trimestriel pour ses Actions Préférentielles A Cumulatives Perpétuelles. Le dividende s’élève à 625 dollars par action préférentielle, ce qui correspond à 0,625 dollar par Action de Dépôt (représentant un intérêt fractionnaire de 1/1000 dans une action préférentielle de série A). Le dividende sera versé le 31 janvier 2025 aux actionnaires enregistrés jusqu’à la fermeture des affaires le 15 janvier 2025. Alta Equipment Group agit en tant que fournisseur premium d’équipements de manutention de matériaux, de construction et de traitement environnemental, ainsi que de services connexes.
Alta Equipment Group (NYSE: ALTG) hat die Genehmigung seines Vorstands für eine vierteljährliche Dividende auf seine Serie A kumulierten unbefristeten Vorzugsaktien bekannt gegeben. Die Dividende beträgt 625 Dollar pro Vorzugsaktie, was 0,625 Dollar pro Depotaktie entspricht (was einen fraktionierten Anteil von 1/1000 an einer Serie A Vorzugsaktie darstellt). Die Dividende wird am 31. Januar 2025 an die Aktionäre ausgezahlt, die zum Ende des Geschäftstags am 15. Januar 2025 registriert sind. Alta Equipment Group fungiert als Premium-Anbieter von Materialhandhabungs-, Bau- und Umweltverarbeitungsgeräten sowie verwandten Dienstleistungen.
Positive
- Regular dividend payment demonstrates financial stability
- Maintenance of preferred stock dividend obligations indicates strong cash flow position
LIVONIA, Mich., Jan. 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
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
[email protected]
(225) 772-0254
Media:
Glenn Moore
Alta Equipment
[email protected]
(248) 305-2134
FAQ
What is the dividend amount for ALTG preferred shares announced for January 2025?
Alta Equipment Group announced a dividend of $625 per preferred share, or $0.625 per Depositary Share for its Series A Cumulative Perpetual Preferred Stock.
When is the payment date for ALTG’s latest preferred stock dividend?
The dividend payment date is January 31, 2025.
What is the record date for ALTG’s Q1 2025 preferred dividend?
The record date for the dividend is January 15, 2025, at the close of business.
How much will ALTG Depositary Share holders receive in the January 2025 dividend?
Holders of Depositary Shares will receive $0.625 per share, representing a 1/1000th fractional interest in one share of Series A Preferred Stock.
