Alamo Group's last quarterly dividend of $0.26 per share was on Apr 15, 2024 (ex-date). The annualized dividend payment of $0.96 per share represents a current dividend yield of 0.47%.
Alamo Group's dividend yield of 0.47% is lower than the Industrials sector, the industry and its peers average. If we compare it with the Industrials sector average of 1.41%, Alamo Group's dividend yield is 67% lower. The current dividend yield is in line with the historical average of 0.4% of the last 5 years.
Alamo Group has a history of paying dividends since 1995. Our records of ALG show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 20% since one year ago. And with the stock price up by 12% from a year ago, the dividend yield has grown by 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 15, 2024 | Apr 29, 2024 | Apr 1, 2024 | $0.26 | normal |
| Jan 12, 2024 | Jan 29, 2024 | Jan 2, 2024 | $0.26 | normal |
| Oct 13, 2023 | Oct 31, 2023 | Oct 2, 2023 | $0.22 | normal |
| Jul 17, 2023 | Aug 1, 2023 | Jul 3, 2023 | $0.22 | normal |
| Apr 14, 2023 | May 1, 2023 | Apr 3, 2023 | $0.22 | normal |
| Jan 17, 2023 | Feb 1, 2023 | Jan 3, 2023 | $0.22 | normal |
| Oct 17, 2022 | Nov 1, 2022 | Oct 3, 2022 | $0.18 | normal |
| Jul 15, 2022 | Aug 1, 2022 | Jul 1, 2022 | $0.18 | normal |
| Apr 14, 2022 | May 2, 2022 | Apr 4, 2022 | $0.18 | normal |
| Jan 14, 2022 | Feb 1, 2022 | Jan 3, 2022 | $0.18 | normal |
| Oct 14, 2021 | Oct 28, 2021 | Oct 1, 2021 | $0.14 | normal |
| Jul 14, 2021 | Jul 28, 2021 | Jul 1, 2021 | $0.14 | normal |
| Apr 14, 2021 | Apr 29, 2021 | Apr 1, 2021 | $0.14 | normal |
| Jan 15, 2021 | Jan 29, 2021 | Jan 4, 2021 | $0.14 | normal |
| Oct 14, 2020 | Oct 28, 2020 | Oct 1, 2020 | $0.13 | normal |
| Jul 15, 2020 | Jul 29, 2020 | Jul 2, 2020 | $0.13 | normal |
| Apr 14, 2020 | Apr 29, 2020 | Apr 1, 2020 | $0.13 | normal |
| Jan 15, 2020 | Jan 29, 2020 | Jan 2, 2020 | $0.13 | normal |
| Oct 11, 2019 | Oct 28, 2019 | Oct 1, 2019 | $0.12 | normal |
| Jul 15, 2019 | Jul 29, 2019 | Jul 2, 2019 | $0.12 | normal |
| Apr 15, 2019 | Apr 29, 2019 | Apr 2, 2019 | $0.12 | normal |
| Jan 16, 2019 | Jan 29, 2019 | Dec 19, 2018 | $0.12 | normal |
| Oct 12, 2018 | Oct 26, 2018 | Oct 1, 2018 | $0.11 | normal |
| Jul 13, 2018 | Jul 27, 2018 | Jul 2, 2018 | $0.11 | normal |
| Apr 13, 2018 | Apr 27, 2018 | Apr 2, 2018 | $0.11 | normal |
| Jan 12, 2018 | Jan 29, 2018 | Jan 2, 2018 | $0.11 | normal |
| Oct 13, 2017 | Oct 27, 2017 | Oct 2, 2017 | $0.1 | normal |
| Jul 13, 2017 | Jul 28, 2017 | Jul 3, 2017 | $0.1 | normal |
| Apr 12, 2017 | Apr 28, 2017 | Apr 3, 2017 | $0.1 | normal |
| Jan 11, 2017 | Jan 27, 2017 | Jan 3, 2017 | $0.1 | normal |
| Oct 12, 2016 | Oct 28, 2016 | Oct 3, 2016 | $0.09 | normal |
| Jul 13, 2016 | Jul 29, 2016 | Jul 1, 2016 | $0.09 | normal |
| Apr 13, 2016 | Apr 29, 2016 | Apr 4, 2016 | $0.09 | normal |
Alamo Group's payout ratio of 8.4% is below the Industrials sector, the industry and its peers average. If we compare it with its Industrials sector average of 30.4%, Alamo Group's payout ratio is 72% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SNA Snap-on Inc | 2.54% | $6.96 | 35.9% |
| TTC Toro Co | 1.61% | $1.4 | 50.7% |
| DE Deere & Co | 1.4% | $5.54 | 16.1% |
| AGCO Agco Corp | 0.98% | $1.16 | 7.4% |
| ALG Alamo Group Inc | 0.47% | $0.96 | 8.4% |
Yes, Alamo Group has paid four dividends in the last 12 months. ALG has been paying dividends since 1995.
Currently ALG's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in July 2024.
Alamo Group's last dividend ex-date was on Apr 15, 2024. The dividend amount was $0.26 per share.
On an annual basis ALG pays $0.96 per share.
Alamo Group's current dividend yield is 0.47%.
Alamo Group pays four dividends per year.
Alamo Group's dividend payout ratio is 8.4%.
Alamo Group's dividend yield is less than the Industrials sector average.