Alta Equipment Group Inc. (AEG) manages a comprehensive network of equipment dealerships throughout the United States. Its operations are divided into two primary divisions: Material Handling and Construction Equipment. Through its widespread branch network, the company offers sales, rentals, and comprehensive parts and service support for a diverse array of specialized machinery. This includes industrial lift trucks, elevated work platforms, earthmoving machinery, cranes, asphalt and paving equipment, and various other material handling and construction tools. Additionally, they provide ongoing repair and maintenance services for all equipment. Furthermore, AEG extends its offerings to include warehouse design and construction, as well as automated equipment installation and system integration solutions. The company caters to a broad clientele across diverse sectors, including manufacturing, food and beverage, wholesale and retail, construction, automotive, municipal and government entities, and healthcare. Established in 1984, Alta Equipment Group Inc. maintains its corporate headquarters in Livonia, Michigan.
Alta Equipment Group Announces Preferred Stock Dividend
Alta Equipment Group's board approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock at $625 per preferred share.
Depositary Share holders will receive $0.625 per share, payable October 30, 2026, to holders of record as of October 15, 2026.
This is a routine contractual preferred payout with no change to the company's capital structure or common dividend policy.