Alta Equipment Group Approves Quarterly Preferred Stock Dividend

Alta Equipment Group Inc. (NYSE: ALTG), a major North American provider of material handling, construction, and environmental processing equipment and related services, announced on January 5, 2026 that its Board of Directors has approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock. The dividend is set at $625 per preferred share, which translates to $0.625 per Depositary Share, as each Depositary Share represents a 1/1000th fractional interest in one preferred share. The dividend will be payable on January 30, 2026 to shareholders of record as of the close of business on January 15, 2026. Alta Equipment Group operates one of the largest integrated equipment dealership networks in North America, with over 80 branch locations across several U.S. states and Canadian provinces. Through this network, the company sells, rents, and services a wide range of specialized equipment including lift trucks, earthmoving machinery, crushers and screening units, environmental processing machines, cranes, aerial work platforms, paving and asphalt equipment, and other construction-related products. This dividend declaration underscores Alta’s ongoing commitment to returning value to its preferred shareholders and reflects confidence in the company’s financial position. #AltaEquipment #PreferredDividend #NYSEALTG #InvestorNews #SlimScan #GrowthStocks #CANSLIM