Press Releases April 2, 2026 08:00 PM

Alta Equipment Group Announces Preferred Stock Dividend

Alta Equipment Group Declares Quarterly Dividend on Series A Preferred Stock

By Sofia Navarro
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Alta Equipment Group Inc., a leading North American equipment dealership platform, announced a quarterly dividend of $625 per Series A preferred share, payable on April 30, 2026. The dividend reflects the company's commitment to returning value to preferred shareholders while maintaining its extensive branch network across multiple U.S. states and Canadian provinces.

Alta Equipment Group Announces Preferred Stock Dividend
ALTG
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Key Points

  • Alta Equipment Group approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock amounting to $625 per preferred share.
  • The dividend payment date is set for April 30, 2026, to shareholders of record as of April 15, 2026.
  • Alta operates over 80 branches across the U.S. and Canada, providing sales, rental, parts, and service support for various heavy equipment categories.

LIVONIA, Mich., April 03, 2026 (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE: ALTG) (“Alta” or “the Company”), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is April 30, 2026, to shareholders of record at the close of business on April 15, 2026.

About Alta Equipment Group Inc.
Alta owns and operates one of the largest integrated equipment dealership platforms in North America. Through our branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction equipment and allied products. Alta has operated as an equipment dealership for 41 years and has developed a branch network that includes over 80 total locations across Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada and Florida and the Canadian provinces of Ontario, Maritime, and Quebec. Alta offers its customers a one-stop-shop for their equipment needs through its broad, industry-leading product portfolio. More information can be found at www.altg.com.

Contacts

Investors:
Kevin Inda
SCR Partners, LLC
[email protected] 
(225) 772-0254


Risks

  • Dividend payments depend on the company's future profitability and cash flow; any downturn in equipment sales or rental demand could impact payment ability.
  • Economic factors affecting construction and material handling sectors could reduce equipment demand, affecting Alta's revenues and dividend sustainability.
  • Competition within the heavy equipment dealership industry could impact market share and profitability, potentially affecting dividend consistency.

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