Alta Equipment (ALTG) Dividend: History, Dates & Yield - 2024
Tags:Dividend History
Alta Equipment announced a quarterly dividend of $0.06 per ordinary share, payable on 2024-11-29, with an ex-dividend date of 2024-11-15. Alta Equipment typically pays dividends four times a year, compared to $0.23 in 2024.
Find details on Alta Equipment's dividend performance with a comprehensive history of past and upcoming payments.
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-11-15 | $0.06 | quarterly | 2024-11-29 |
| 2024-08-15 | $0.06 | quarterly | 2024-08-30 |
| 2024-05-14 | $0.06 | quarterly | 2024-05-31 |
| 2024-02-14 | $0.06 | quarterly | 2024-01-31 |
| 2023-11-14 | $0.06 | quarterly | 2023-11-30 |
| 2023-08-14 | $0.06 | quarterly | 2023-08-31 |
| 2023-05-12 | $0.06 | quarterly | 2023-05-31 |
| 2023-02-14 | $0.06 | quarterly | 2023-02-28 |
| 2022-11-14 | $0.06 | quarterly | 2022-11-30 |
| 2022-08-12 | $0.06 | quarterly | 2022-08-31 |
Dividend Increase
. In comparison, PROG has seen an average growth rate of 56.76% over the past five years and GATX's growth rate was 4.75%.
By comparing Alta Equipment's dividend growth to other companies, investors can gain insight into how consistent its dividend strategy is and what that means for future payouts. However, dividend growth is just one factor to consider. Investors should also evaluate other metrics, such as earnings growth, payout ratio, and overall financial health, to get a full picture of Walmart's dividend sustainability and potential.
Dividend Yield
Alta Equipment's current trailing twelve-month (TTM) dividend yield is 3.58%. Over the last 12 months, Alta Equipment has maintained this yield, but how does it compare to similar stocks? For example, PROG offers a yield of 1.18%, while GATX provides a yield of 1.54%. Comparing similar stocks can help investors assess Alta Equipment's yield and make more informed decisions.
| Company | Dividend Yield | Annual Dividend | Stock Price |
|---|---|---|---|
| Alta Equipment (ALTG) | 3.60% | $0.228 | $6.335 |
| PROG (PRG) | 1.18% | $0.48 | $40.935 |
| GATX (GATX) | 1.54% | $2.32 | $149.86 |
Dividend Yield Calculator
Interested in purchasing Alta Equipment stock? Use our calculator to estimate your expected dividend yield and see how Walmart's consistent payouts could contribute to your long-term investment goals. Understanding your potential returns can help you make an informed decision.
Payout Ratio
Alta Equipment has a payout ratio of -0.20%. In comparison, PROG has a payout ratio of 0.10%, while GATX's payout ratio is 0.31%.
It's important to note that the payout ratio is just one of many metrics investors use to assess a company's dividend sustainability and growth potential. It should be considered alongside other financial indicators such as earnings, cash flow, and debt levels to gain a complete picture of the company's financial health.
About Alta Equipment
- Global presence Company operates in over 80 countries worldwide
- Key Segments Dividend investorfocused segments include pharmaceuticals, consumer products, and healthcare services
- Products/Services Offers a wide range of products and services including prescription drugs, overthecounter medications, and medical devices
- Financial stability Company has a strong track record of revenue growth and profitability, making it a stable investment option for dividend investors
Frequently Asked Question
How much is the next Alta Equipment dividend?
Alta Equipment's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Alta Equipment dividend. The next Alta Equipment dividend will be released in February, May, August, or November.
When is Alta Equipment dividend paid?
Alta Equipment pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Alta Equipment pay?
The specific amount of Alta Equipment dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Alta Equipment's dividend history.
Does Alta Equipment stock pay dividends?
Yes, Alta Equipment does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Alta Equipment's dividend history.
How much dividend does Alta Equipment pay?
Alta Equipment paid $0.0 in 2025, $0.228 in 2024, $0.228 in 2023, $0.114 in 2022, $0.0 in 2021, and $0.0 in 2020.
How often does Alta Equipment pay dividends?
Alta Equipment typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Alta Equipment's dividend yield?
The current dividend yield for Alta Equipment is 3.6%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Alta Equipment's exact dividend yield.
When does Alta Equipment go ex dividend?
Alta Equipment's ex-dividend date for the latest dividend was on 2024-11-15. Alta Equipment typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Alta Equipment dividend paid?
Alta Equipment pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Alta Equipment increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Alta Equipment will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Alta Equipment dividend per share?
Alta Equipment paid $0.0 per share in 2025 and $0.228 per share in 2024. The amount of dividend per share that Alta Equipment pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Alta Equipment a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Alta Equipment a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Alta Equipment a dividend stock?
Yes, Alta Equipment is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Alta Equipment a good dividend stock?
Whether Alta Equipment is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Alta Equipment has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Alta Equipment 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.
Other factors to consider when evaluating Alta Equipment 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.
Does Alta Equipment pay dividends monthly?
Alta Equipment typically pays dividends on a quarterly basis.
Does Alta Equipment pay dividends quarterly?
Alta Equipment currently pays dividends on a quarterly basis.
Has Alta Equipment ever paid a dividend?
Yes, Alta Equipment has a history of paying dividends to its shareholders. Alta Equipment is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Alta Equipment dividend stocks?
To buy Alta Equipment you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Alta Equipment 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.
Place an order: Use the brokerage's trading platform to place an order to buy Alta Equipment 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.
When does Alta Equipment pay dividends 2024?
Alta Equipment pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-29. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Alta Equipment increase its dividend in 2024?
Decisions regarding Alta Equipment dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Alta Equipment dividend overview you can look into the above table of dividend history.
How Alta Equipment dividend works?
The Alta Equipment dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Alta Equipment's dividend process works:
1. Determination of Dividend: Alta Equipment'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, Alta Equipment 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, Alta Equipment 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 Alta Equipment 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. Determination of Dividend: Alta Equipment'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, Alta Equipment 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, Alta Equipment 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 Alta Equipment 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.
How are Alta Equipment dividends paid?
Alta Equipment dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Alta Equipment 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, Alta Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alta Equipment 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.
1. Record Date: Alta Equipment 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, Alta Equipment distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Alta Equipment 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.
How many times does Alta Equipment pay dividends?
Alta Equipment typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Alta Equipment pay dividends?
The general pattern is that Alta Equipment pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Alta Equipment dividend safe?
The safety of Alta Equipment's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Alta Equipment'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 Alta Equipment'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.
To assess the safety of Alta Equipment'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 Alta Equipment'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.