LIVONIA, Mich., April  03, 2026  (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) (&#34;Alta&#34; or &#34;the Company&#34;), a leading provider of premium material handling, construction and environmental processing equipment

ALTG

Alta Equipment Group Announces Preferred Stock Dividend

Alta Equipment Reports $0.625 Quarterly Dividend Announcement

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>LIVONIA, Mich., April  03, 2026  (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:ALTG) (&amp;#34;Alta&amp;#34; or &amp;#34;the Company&amp;#34;), a leading provider of premium material handling, construction and environmental processing equipment</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Alta Equipment Group has declared a quarterly dividend of $0.625 per share, payable on April 30, 2026. This move underscores the company&#039;s commitment to returning value to shareholders amidst its extensive operational footprint in North America.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Alta Equipment announced a quarterly dividend of $0.625 per share.</li><li>Dividend payment date is April 30, 2026, for shareholders of record on April 15.</li><li>The company has extensive operations across North America with over 80 locations.</li><li>Alta specializes in diverse equipment categories, enhancing its market presence.</li><li>Strong dividends signal financial health and commitment to shareholder returns.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Alta Equipment Group Inc. (ALTG)</strong>: Strong dividend signals financial strength and may attract investors.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it relates to strategic financial decisions impacting shareholder value and market perception.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Dividends tend to attract income-focused investors, potentially driving demand.</li><li>Strong operational presence may improve stock valuation post-dividend announcement.</li><li>Investors may respond positively to the dividend, boosting short-term stock price.</li><li>The upcoming payment date could heighten trading activity in ALTG shares.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Quarterly dividend announced is $0.625 per preferred share.</li><li>Payment date is April 30, 2026.</li><li>Record date is April 15, 2026.</li><li>Alta operates over 80 locations in North America.</li><li>Company specializes in various equipment handling and construction services.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying ALTG for potential price appreciation driven by positive investor sentiment around dividends in the next quarter.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">LIVONIA, Mich., April  03, 2026  (GLOBE NEWSWIRE) -- Alta Equipment Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/ALTG">ALTG</a>) ("Alta" or "the Company"), a leading provider of premium material handling, construction and environmental processing equipment and related services, today announced that its Board of Directors approved the quarterly dividend on its Series A Cumulative Perpetual Preferred Stock in the amount of $625 per preferred share. This will equate to a dividend of $0.625 for each of the outstanding Depositary Shares representing a 1/1000th fractional interest in one share of Series A Preferred. The dividend payment date is April 30, 2026, to shareholders of record at the close of business on April 15, 2026.</p>  <p align="justify"><strong>About Alta Equipment Group Inc.</strong><br></br>Alta owns and operates one of the largest integrated equipment dealership platforms in North America. Through our branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and other material handling equipment, heavy and compact earthmoving equipment, crushing and screening equipment, environmental processing equipment, cranes and aerial work platforms, paving and asphalt equipment, other construction equipment and allied products. Alta has operated as an equipment dealership for 41 years and has developed a branch network that includes over 80 total locations across Michigan, Illinois, Indiana, Ohio, Pennsylvania, Massachusetts, Maine, Connecticut, New Hampshire, Vermont, Rhode Island, New York, Virginia, Nevada and Florida and the Canadian provinces of Ontario, Maritime, and Quebec. Alta offers its customers a one-stop-shop for their equipment needs through its broad, industry-leading product portfolio. More information can be found at <a href="https://www.globenewswire.com/Tracker?data=Nd47m7qfxc9kFEFGvTC_2yfR60SkI0pV1B7KJqT9MOX2oaT2GbT-2l3wnAMXIcKqVD8FHbNokcZ_VciiFePvQg==" rel="nofollow" target="_blank">www.altg.com</a>.</p>  <p><strong>Contacts</strong></p>  <p><strong>Investors:</strong><br></br>Kevin Inda<br></br>SCR Partners, LLC<br></br><a href="https://www.globenewswire.com/Tracker?data=XjTPmQ_zbp49b14FXPDFbcB1un0oIy_GpbF0SBBMKv0k2YLlcRrTcYlSjOPG23MNfqgTQbClaLkXizMGf-TcVX-PVeR5nWotbgnj_GTbtsk=" rel="nofollow" target="_blank">kevin@scr-ir.com</a> <br></br>(225) 772-0254</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTY4MzYwMCM3NTE4MDY5IzIyNTc0NTA="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/MmNkYWY2MDYtY2M1MC00ZjdlLWFjNmEtZTUxZThlNGM0ZWJjLTEyNjg5OTktMjAyNi0wNC0wMy1lbg==/tiny/Alta-Equipment-Company-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/095dd56e-9cbe-4fab-bbd2-4b3fcc62754e"><img src="https://ml.globenewswire.com/media/095dd56e-9cbe-4fab-bbd2-4b3fcc62754e/small/logo-alta-png.png" border="0" width="150" height="67" alt="Primary Logo"></img></a></p>

Alta Equipment Group has declared a quarterly dividend of $0.625 per share, payable on April 30, 2026. This move underscores the company's commitment to returning value to shareholders amidst its extensive operational footprint in North America.

Alta Equipment Group Announces Preferred Stock Dividend

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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