ALTG - NYSE
Alta Equipment Group Inc.
$6.36
-1.0%Alta Equipment Group Inc. owns and operates integrated equipment dealership platforms in the United States. It operates in two segments, Material Handling and Construction Equipment. The company operates a branch network that sells, rents, and provides parts and service support for various categories of specialized equipment, including lift trucks and aerial work platforms, earthmoving equipment, cranes, paving and asphalt equipment, and other material handling and construction equipment. It also offers repair and maintenance services for its equipment. In addition, the company designs and builds warehouses; and provides automated equipment installation and system integration solutions. It serves diversified manufacturing, food and beverage, wholesale/retail, construction, automotive, municipal/government, and medical sectors. Alta Equipment Group Inc. was founded in 1984 and is headquartered in Livonia, Michigan.
At a Glance
Live SnapshotAlta Equipment Group Inc. Dividend History
ALTG Dividend Payment History
Total Payments
12
Latest Dividend
$0.0570
Annual Amount
$0.2280
Frequency
Quarterly
| Declaration | Ex-Date | Payment Date | Dividend | Adjusted | Frequency | Growth |
|---|---|---|---|---|---|---|
May 2, 2025 | May 15, 2025 | May 30, 2025 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Feb 3, 2025 | Feb 15, 2025 | Feb 28, 2025 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Nov 4, 2024 | Nov 15, 2024 | Nov 29, 2024 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Aug 2, 2024 | Aug 15, 2024 | Aug 30, 2024 | $0.0570 | $0.0570 | Quarterly | 0.00% |
May 2, 2024 | May 15, 2024 | May 31, 2024 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Jan 3, 2024 | Feb 15, 2024 | Jan 31, 2024 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Nov 3, 2023 | Nov 15, 2023 | Nov 30, 2023 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Aug 2, 2023 | Aug 15, 2023 | Aug 31, 2023 | $0.0570 | $0.0570 | Quarterly | 0.00% |
May 2, 2023 | May 15, 2023 | May 31, 2023 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Feb 1, 2023 | Feb 15, 2023 | Feb 28, 2023 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Nov 1, 2022 | Nov 15, 2022 | Nov 30, 2022 | $0.0570 | $0.0570 | Quarterly | 0.00% |
Jul 12, 2022 | Aug 15, 2022 | Aug 31, 2022 | $0.0570 | $0.0570 | Quarterly | - |
Alta Equipment Group Inc. Payout Ratio Analysis
Dividend Sustainability Analysis
Payout Ratio
Negative payout ratio indicates the company is either not paying dividends or has negative earnings. Not a dividend-paying stock currently.
FCF Payout Ratio
Excellent FCF coverage. Dividend is well-supported by actual cash generation with ample room for increases and business reinvestment.
Dividend Growth
Strong dividend growth demonstrates management confidence and business strength. Excellent signal for long-term dividend investors.
Sustainability
Highly sustainable dividend with strong coverage, growing payouts, and solid cash generation. Low risk of dividend cuts.
Key Insight
Dividend aristocrat potential: Conservative payout ratios combined with consistent growth suggest management prioritizes sustainable, long-term shareholder returns. Excellent foundation for dividend compounding.
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