Alamo Group Inc. designs, manufactures, distributes, and services vegetation management and infrastructure maintenance equipment for governmental, industrial, and agricultural uses worldwide. Its Vegetation Management Division segment offers hydraulically-powered and tractor-mounted mowers, other cutters and replacement parts for heavy-duty and intensive uses and heavy duty applications, tractor- and truck-mounted mowing and vegetation maintenance equipment, and replacement parts. This segment also provides rotary and finishing mowers, flail and disc mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, scraper blades and replacement parts, zero turn radius mowers, cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; aftermarket agricultural parts, heavy-duty mechanical rotary mowers, snow blowers, rock removal equipment, replacement parts, tractor attachments, agricultural implements, hydraulic and boom-mounted hedge and grass cutters, tractor attachments and implements, hedgerow cutters, industrial grass mowers, agricultural seedbed preparation cultivators, self-propelled sprayers and multi-drive load-carrying vehicles, cutting blades, and hydraulic and mechanical boom mowers. The company's Industrial Equipment Division segment offers truck-mounted air vacuum, mechanical broom, and regenerative air sweepers, pothole patchers, leaf collection equipment and replacement brooms, parking lot and street sweepers, excavators, catch basin cleaners, and roadway debris vacuum systems, as well as truck-mounted vacuum machines, combination sewer cleaners, and hydro excavators. This segment also offers ice control products, snowplows and heavy duty snow removal equipment, hitches, attachments, and graders; and public works and runway maintenance products, parts, and services, and high pressure cleaning systems and trenchers. The company was founded in 1955 and is headquartered in Seguin, Texas.
Alamo Dividend Announcement
• Alamo announced a quarterly dividend of $0.26 per ordinary share which will be made payable on 2024-10-28. Ex dividend date: 2024-10-15
• Alamo annual dividend for 2024 was $1.04
• Alamo annual dividend for 2023 was $0.88
• Alamo's trailing twelve-month (TTM) dividend yield is 0.66%
• Alamo's payout ratio for the trailing twelve months (TTM) is 10.01%
• Alamo's dividend growth over the last five years (2018-2023) was 14.87% year
• Alamo's dividend growth over the last ten years (2013-2023) was 12.13% year
Alamo Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-15 | $0.26 | quarterly | 2024-10-28 |
2024-07-16 | $0.26 | quarterly | 2024-07-29 |
2024-04-15 | $0.26 | quarterly | 2024-04-29 |
2024-01-12 | $0.26 | quarterly | 2024-01-29 |
2023-10-13 | $0.22 | quarterly | 2023-10-31 |
2023-07-17 | $0.22 | quarterly | 2023-08-01 |
2023-04-14 | $0.22 | quarterly | 2023-05-01 |
2023-01-17 | $0.22 | quarterly | 2023-02-01 |
2022-10-17 | $0.18 | quarterly | 2022-11-01 |
2022-07-15 | $0.18 | quarterly | 2022-08-01 |
2022-04-14 | $0.18 | quarterly | 2022-05-02 |
2022-01-14 | $0.18 | quarterly | 2022-02-01 |
2021-10-14 | $0.14 | quarterly | 2021-10-28 |
2021-07-14 | $0.14 | quarterly | 2021-07-28 |
2021-04-14 | $0.14 | quarterly | 2021-04-29 |
2021-01-15 | $0.14 | quarterly | 2021-01-29 |
2020-10-14 | $0.13 | quarterly | 2020-10-28 |
2020-07-15 | $0.13 | quarterly | 2020-07-29 |
2020-04-14 | $0.13 | quarterly | 2020-04-29 |
2020-01-15 | $0.13 | quarterly | 2020-01-29 |
2019-10-11 | $0.12 | quarterly | 2019-10-28 |
2019-07-15 | $0.12 | quarterly | 2019-07-29 |
2019-04-15 | $0.12 | quarterly | 2019-04-29 |
2019-01-16 | $0.12 | quarterly | 2019-01-29 |
2018-10-12 | $0.11 | quarterly | 2018-10-26 |
2018-07-13 | $0.11 | quarterly | 2018-07-27 |
2018-04-13 | $0.11 | quarterly | 2018-04-27 |
2018-01-12 | $0.11 | quarterly | 2018-01-29 |
2017-10-13 | $0.10 | quarterly | 2017-10-27 |
2017-07-13 | $0.10 | quarterly | 2017-07-28 |
2017-04-12 | $0.10 | quarterly | 2017-04-28 |
2017-01-11 | $0.10 | quarterly | 2017-01-27 |
2016-10-12 | $0.09 | quarterly | 2016-10-28 |
2016-07-13 | $0.09 | quarterly | 2016-07-29 |
2016-04-13 | $0.09 | quarterly | 2016-04-29 |
2016-01-13 | $0.09 | quarterly | 2016-01-29 |
2015-10-13 | $0.08 | quarterly | 2015-10-29 |
2015-07-14 | $0.08 | quarterly | 2015-07-30 |
2015-04-14 | $0.08 | quarterly | 2015-04-30 |
2015-01-14 | $0.08 | quarterly | 2015-01-30 |
2014-10-14 | $0.07 | quarterly | 2014-10-30 |
2014-07-15 | $0.07 | quarterly | 2014-07-31 |
2014-04-15 | $0.07 | quarterly | 2014-05-01 |
2014-01-14 | $0.07 | quarterly | 2014-01-30 |
2013-10-11 | $0.07 | quarterly | 2013-10-30 |
2013-07-15 | $0.07 | quarterly | 2013-07-31 |
2013-04-15 | $0.07 | quarterly | 2013-05-01 |
2013-01-14 | $0.07 | quarterly | 2013-01-30 |
Alamo Dividend per year
Alamo Dividend growth
Alamo Dividend Yield
Alamo current trailing twelve-month (TTM) dividend yield is 0.66%. Interested in purchasing Alamo stock? Use our calculator to estimate your expected dividend yield:
Alamo Financial Ratios
Alamo Dividend FAQ
Other factors to consider when evaluating Alamo as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Place an order: Use the brokerage's trading platform to place an order to buy Alamo stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
1. Determination of Dividend: Alamo's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Alamo publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Alamo distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Alamo are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Alamo sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Alamo distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alamo declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Alamo's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Alamo's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.