Alta Equipment Group Inc. (NYSE: ALTG) announced on July 2, 2026, that its board of directors declared a dividend on the company’s outstanding 10% Series A Cumulative Perpetual Preferred Stock. The dividend is $625 per share of Series A Preferred Stock. Because each publicly traded depositary share represents a 1/1000th fractional interest in one share of the preferred stock, the dividend equates to $0.625 per depositary share. The depositary shares trade on the New York Stock Exchange under the symbol “ALTG PRA.” The company set July 15, 2026, as the record date for the dividend, meaning holders of the Series A Preferred or related depositary shares as of that date will be entitled to receive the payment. The dividend is scheduled to be paid on July 31, 2026. The filing reports the action under Item 8.01, “Other Events,” and includes Alta Equipment Group’s July 2 press release as Exhibit 99.1. The report was signed the same day by Ryan Greenawalt, the company’s chief executive officer.
Stock detail
Alta Equipment (ALTG) stock price, chart, and key data
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Stock detail
Alta Equipment
ALTG · XNYS
+$1.02 (+16.01%) past day
$7.39
Key metrics
Financials
Quarterly revenue, profitability, and balance-sheet snapshot
Day range
$6.19 - $6.47
Close price
$6.28
Market cap
$204.3M
P/E ratio
-11.91
About the company
Alta Equipment Group Inc
Alta Equipment Group Inc is an integrated equipment dealership platform in the U.S. Its segments are Material Handling, Construction Equipment, and Master Distribution. The Material Handling segment is engaged in operations related to the sale, service, and rental of lift trucks in Michigan, Illinois, Indiana, New York, Virginia, and throughout the New England states whereas, the Construction Equipment segment is principally engaged in operations related to the sale, service, and rental of construction equipment in Michigan, Indiana, Illinois, Ohio, Pennsylvania, New York, Florida and throughout the New England States, and The Master Distribution segment is engaged in environmental processing equipment distribution with sub dealers throughout the United States and Canada.
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