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Alta Equipment Group (ALTG) Dividend Yield, Date & History

Alta Equipment Group logo
$6.65 +0.05 (+0.76%)
(As of 12/20/2024 05:15 PM ET)

Alta Equipment Group Dividend Summary

Dividend Yield
3.31%
Annual Dividend
$0.22
Recent
Dividend Payment
Nov. 29
Dividend Payout Ratio
-12.94%

Alta Equipment Group (ALTG) pays an annual dividend of $0.22 per share, with a dividend yield of 3.31%. The next quarterly payment of $0.0570 per share was paid on Friday, November 29, to investors who owned the stock before the ex-dividend date of Friday, November 15. The company currently pays out -12.94% of its earnings and 5.72% of its cash flow as dividends.

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ALTG Dividend Payments by Quarter

The chart below displays up to four years of Alta Equipment Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

ALTG Dividend Yield Over Time

The chart below tracks Alta Equipment Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Alta Equipment Group vs. The Competition

Compare Alta Equipment Group's annual dividend, yield, and 3-year growth rate with averages for Industrial and NYSE companies to evaluate its performance against the market.

TypeAlta Equipment GroupIndustrial CompaniesNYSE Companies
Annual Dividend$0.22$0.01$1.39
Dividend Yield3.31%2.08%3.58%
Annualized 3-Year Dividend Growth0.00%11.38%15.78%

Alta Equipment Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings-12.94%
Based on This Year's Estimate-11.34%
Based on Next Year's Estimate-22.00%
Based on Cashflow5.72%

Alta Equipment Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
11/4/2024quarterly$0.0570 - 3.5%11/15/202411/15/202411/29/2024
8/2/2024Quarterly$0.0570 - 2.5%8/15/20248/15/20248/30/2024
5/2/2024Quarterly$0.0570 - 1.97%5/14/20245/15/20245/31/2024
2/2/2024Quarterly$0.0570-$0.5680
90.88%
2.08%2/14/20242/15/20242/29/2024
1/3/2024Quarterly$0.6250+$0.5680
996.49%
21.2%1/11/20241/15/20241/31/2024
11/3/2023Quarterly$0.0570 - 2.2%11/14/202311/15/202311/30/2023
8/2/2023Quarterly$0.0570 - 1.34%8/14/20238/15/20238/31/2023
5/2/2023Quarterly$0.0570 - 1.66%5/12/20235/15/20235/31/2023
2/1/2023Quarterly$0.0570 - 1.33%2/14/20232/15/20232/28/2023

This table shows Alta Equipment Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Alta Equipment Group Dividend - Frequently Asked Questions

The current dividend yield for Alta Equipment Group is 3.31%. Learn more on ALTG's dividend yield history.

The annual dividend for ALTG shares is $0.22. Learn more on ALTG's annual dividend history.

Alta Equipment Group pays quarterly dividends to shareholders.

Alta Equipment Group's most recent quarterly dividend payment of $0.0570 per share was made to shareholders on Friday, November 29, 2024.

Alta Equipment Group's most recent ex-dividend date was Friday, November 15, 2024.

The most recent change in the company's dividend was a decrease of $0.5680 on Friday, February 2, 2024.

The dividend payout ratio for ALTG is:
  • -12.94% based on the trailing year of earnings
  • 5.72% based on cash flow

Alta Equipment Group's dividend yield of 3.45% is higher than the average Industrial Products company that issues a dividend.

Looking at the stock as a whole, market analysts rate Alta Equipment Group stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NYSE:ALTG) was last updated on 12/21/2024 by MarketBeat.com Staff
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