Alta Equipment Group Inc. Stock Dividends
ALTG pays dividends quarterly. Last paid amount was $0.0570 at Feb 29, 2024. As of today, dividend yield (TTM) is 7.79%.
Dividend Yield Range
AI Analysis of ALTG
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 7.79% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0570 |
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Alta Equipment Group Inc. has not yet announced its next dividend date. Last payment date was: Feb 29, 2024.
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ALTG Dividend Payout History
To ensure a understanding of ALTG's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Feb 02, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.0570 | 0.497% |
| 2 | Jan 11, 2024 | Jan 11, 2024 | Jan 31, 2024 | $0.625 | 5.84% |
| 3 | Nov 03, 2023 | Nov 14, 2023 | Nov 30, 2023 | $0.0600 | 0.629% |
| 4 | Aug 02, 2023 | Aug 14, 2023 | Aug 31, 2023 | $0.0570 | 0.401% |
| 5 | May 02, 2023 | May 12, 2023 | May 31, 2023 | $0.0570 | 0.419% |
| 6 | Feb 01, 2023 | Feb 14, 2023 | Feb 28, 2023 | $0.0570 | 0.303% |
| 7 | Nov 01, 2022 | Nov 14, 2022 | Nov 30, 2022 | $0.0570 | 0.473% |
| 8 | Jul 12, 2022 | Aug 12, 2022 | Aug 31, 2022 | $0.0570 | 0.484% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
ALTG Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from ALTG dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in ALTG stock here.
Comparing ALTG to Sector and Country
ALTG pays a solid dividend yield of 7.79%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.522%). ALTG’s dividend yield is higher than the average of the top 25% of dividend payers in the Industrials sector in the US market (7.16%).
ALTG Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Alta Equipment Group Inc. | 387.467M | $0.0570 | 7.79% | 119.10% | |
| Steel Partners Holdings LP | 756.235M | $0.150 | 0% | 6.39% |
