Alta Equipment Group Declares $0.625 Quarterly Dividend on Preferred Stock
Alta Equipment Group Inc., a provider of material handling and construction equipment, declared a $0.625 quarterly dividend on its depositary shares representing interests in 10% Series A Cumulative Perpetual Preferred Stock. The dividend will be paid April 30 to shareholders of record April 15.
Alta Equipment Group Inc. (NYSE: ALTG PRA), a provider of material handling, construction and environmental processing equipment across North America, declared a quarterly dividend of $0.625 per depositary share on its 10% Series A Cumulative Perpetual Preferred Stock. Read more dividend announcements.
Each depositary share represents a 1/1000th fractional interest in one share of the Series A Preferred Stock. The underlying preferred shares carry a dividend of $625 per share.
The dividend will be paid April 30, 2026, to shareholders of record at the close of business on April 15, 2026. The company's board of directors approved the payment April 3.
| Dividend Details | Date |
|---|---|
| Amount per Depositary Share | $0.625 |
| Amount per Preferred Share | $625.00 |
| Record Date | April 15, 2026 |
| Payment Date | April 30, 2026 |
| Frequency | Quarterly |
About Alta Equipment Group
Alta Equipment Group operates one of the largest integrated equipment dealership platforms in North America. The company sells, rents, and provides parts and service support for material handling equipment including lift trucks, heavy and compact earthmoving equipment, crushing and screening equipment, cranes, aerial work platforms, and paving equipment.
The company maintains over 80 locations across Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada and Florida, plus Canadian provinces including Ontario, Maritime, and Quebec. Alta has operated as an equipment dealership for 41 years.