Alta Equipment Group Approves $625 Series A Preferred Quarterly Dividend
ALTG•Alta Equipment Group’s board approved a quarterly dividend of $625 per Series A Cumulative Perpetual Preferred share, equating to $0.625 per depositary share representing a 1/1000th interest. The dividend will be paid on July 31, 2026 to shareholders of record as of July 15, 2026.
1. Dividend Approval and Amount
Alta Equipment Group’s board of directors authorized a quarterly dividend of $625 per share on its Series A Cumulative Perpetual Preferred Stock, translating into a payment of $0.625 for each depositary share representing a one-thousandth fractional interest in a preferred share.
2. Record and Payment Dates
The dividend will be paid on July 31, 2026 to holders of record at the close of business on July 15, 2026, ensuring timely distribution to qualified preferred shareholders.
3. Series A Preferred Structure
Each depositary share reflects a 1/1000th interest in a Series A preferred share and carries cumulative dividend rights, distinguishing these securities from Alta’s common equity and reinforcing commitments to preferred investors.
