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News  ›  Benzinga

Alta Equipment Group Announces Preferred Stock Dividend

Benzinga Logo Benzinga By Globe Newswire
Alta Equipment Group Announces Preferred Stock Dividend

Alta Equipment Group Inc. (NYSE:ALTG) announced that its Board of Directors approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock of $625 per preferred share, equivalent to $0.625 per Depositary Share. The dividend will be paid on January 30, 2026, to shareholders of record as of January 15, 2026.

Insights
ALTG   positive

The announcement of a preferred stock dividend demonstrates the company's financial stability and commitment to returning value to shareholders. Regular dividend payments indicate consistent profitability and management confidence in the company's financial position.