Alta Equipment declares quarterly preferred stock dividend

• Alta Equipment Group approved a quarterly preferred stock dividend of $625 per full preferred share.
• The declared distribution provides investors with an exact cash payout of $0.625 per individual Depositary Share.
• The company established a mid-October record date to ensure proper capital distribution to eligible shareholders by the end of the month.

Alta Equipment Group (NYSE:ALTG) approved a quarterly preferred stock dividend of $625 per share payable on October 30, 2026.

The declared financial distribution applies specifically to the outstanding shares of the company's Series A Cumulative Perpetual Preferred Stock.

Investors holding Depositary Shares will receive an exact payout of $0.625 per individual unit for the quarter.

The company stated that each individual Depositary Share represents a 1/1000th fractional interest in a full preferred stock share.

Shareholders must be officially registered on the corporate books by the close of business on October 15, 2026, to qualify for the payment.

The board of directors executes these distributions as part of its ongoing capital allocation strategy for preferred equity holders.