SmarterDividends
ALTG

Alta Equipment Group Inc.

ALTG

Industrials · Stock · quarterly payer

Forward Yield

3.49%

Annual Dividend

$0.23

Payout Ratio

127%

5-Yr Growth

Ex-Date

May 15, 2025

Frequency

Quarterly

Dividend Growth

Total dividends per share by year

Is ALTG a good dividend stock?

Mixed

Alta Equipment Group Inc. (ALTG) pays a quarterly dividend yielding 3.49% ($0.23/yr), with 3 years of growth. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Never cut its dividend on record

Risks

  • Elevated payout ratio (127%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
3.49%
Payout Ratio
127%
Annual Dividend
$0.23
5-Yr Avg Growth
Ex-Dividend Date
May 15, 2025
Years of Growth
3
Frequency
quarterly
Beta
1.74
Market Cap
$225.8M
P/E Ratio
5-Yr Total Return
-47%
52-Week Range
$4.16 – $8.99
Dividend Safety
Ever Cut?
No
ALTG ex-dividend date & scheduleNext ex-date May 15, 2025 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $0.23 / yr per share

Per payment (quarterly)$5.75
Annual$23.00
Monthly avg$1.92