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ALTG Alta Equipment Group dividend history, payout ratio & dates

Alta Equipment Group's last quarterly dividend was on May 14, 2024 (ex-date) with a distribution of $0.057 per share. On an annualized basis, the company has a current payout of $0.23 per share. This brings the dividend yield to 2.61% based on its recent close price.

Key dates

  • ALTG last dividend date: May 14, 2024
  • ALTG next dividend date: Not announced
ALTG dividend stats
DPS
$0.23
Dividend yield
2.61%
Payout ratio
N/A
vs. Industrials sector
Dividend yield
1.41%
Payout ratio
32.2%

Dividend yield

What is Alta Equipment Group current dividend yield

Alta Equipment Group's dividend yield of 2.61% is higher than the Industrials sector and the industry average. If we compare it with the Industrials sector average of 1.41%, Alta Equipment Group's dividend yield is 85% higher.

Dividend history

What is ALTG dividend payout history and dates

Alta Equipment Group has been paying dividends since 2022. ALTG has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price down by 47% from a year ago, the dividend yield marks an increase of 87%.

Recent dividends

Ex-date Payment date Declared on Amount Type
May 14, 2024 May 31, 2024 May 2, 2024 $0.057 normal
Feb 14, 2024 Feb 29, 2024 Feb 2, 2024 $0.057 normal
Nov 14, 2023 Nov 30, 2023 Nov 3, 2023 $0.057 normal
Aug 14, 2023 Aug 31, 2023 Aug 2, 2023 $0.057 normal
May 12, 2023 May 31, 2023 May 2, 2023 $0.057 normal
Feb 14, 2023 Feb 28, 2023 Feb 1, 2023 $0.057 normal
Nov 14, 2022 Nov 30, 2022 Nov 1, 2022 $0.057 normal
Aug 12, 2022 Aug 31, 2022 Jul 12, 2022 $0.057 normal

Alta Equipment Group dividend payouts

Total amount of dividends paid per financial year (from cash flow)

ALTG dividend vs peer dividends

How does ALTG dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
ALTG Alta Equipment Group Inc 2.61% $0.23 N/A
RBA Ritchie Bros Auctioneers Inc 1.39% $1.08 63.5%

Frequently asked questions

Does Alta Equipment Group pay a dividend?

Yes, Alta Equipment Group has been paying dividends for the last two years.

When is Alta Equipment Group's next dividend?

ALTG hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in August 2024.

When was ALTG's last dividend?

Alta Equipment Group's last regular dividend was on May 14, 2024 (ex-date) with the amount of $0.057 per share.

How much dividend does Alta Equipment Group pay (per share)?

ALTG has paid dividend of $0.23 per share in the last year.

What is Alta Equipment Group's dividend yield?

Currently Alta Equipment Group's dividend yield is 2.61%.

How often does Alta Equipment Group pay dividends?

Alta Equipment Group pays dividends quarterly.

Does Alta Equipment Group pay a good dividend?

Alta Equipment Group's dividend yield is more than the Industrials sector average.