Alta Equipment Group Declares Quarterly Dividend

Alta Equipment Group ( (ALTG) ) has shared an announcement.

On October 3, 2025, Alta Equipment Group Inc. announced that its Board of Directors declared a quarterly dividend of $625 per share on its 10% Series A Cumulative Perpetual Preferred Stock. This translates to a dividend of $0.625 for each Depositary Share, with a record date of October 15, 2025, and a payment date of October 31, 2025. This announcement underscores Alta’s commitment to providing returns to its shareholders and may enhance investor confidence in the company’s financial stability.

The most recent analyst rating on (ALTG) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Alta Equipment Group stock, see the ALTG Stock Forecast page.

Spark’s Take on ALTG Stock

According to Spark, TipRanks’ AI Analyst, ALTG is a Neutral.

Alta Equipment Group’s overall stock score reflects significant financial challenges, including high leverage and declining revenues, which are the most impactful factors. While there is some positive sentiment from the earnings call and a reasonable dividend yield, these are overshadowed by the company’s ongoing profitability issues and mixed technical indicators.

To see Spark’s full report on ALTG stock, click here.

More about Alta Equipment Group

Alta Equipment Group Inc. is a leading provider of premium material handling, construction, and environmental processing equipment and related services. The company operates one of the largest integrated equipment dealership platforms in North America, with over 85 locations across several U.S. states and Canadian provinces. Alta offers a comprehensive range of specialized equipment, including lift trucks, earthmoving equipment, and cranes, catering to diverse customer needs.

Average Trading Volume: 253,671

Technical Sentiment Signal: Sell

Current Market Cap: $220.2M

Find detailed analytics on ALTG stock on TipRanks’ Stock Analysis page.