Alta Equipment Group Dividend
Dividend criteria checks 1/6
Alta Equipment Group is a dividend paying company with a current yield of 1.99%.
Key information
2.0%
Dividend yield
125%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | US$0.18 |
| Dividend yield forecast in 3Y | 2.0% |
Recent dividend updates
Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05
Alta Equipment Group (NYSE:ALTG) Is Paying Out A Dividend Of $0.057
Aug 11Recent updates
Is Now The Time To Look At Buying Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 17Weak Statutory Earnings May Not Tell The Whole Story For Alta Equipment Group (NYSE:ALTG)
Mar 22Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05Alta Equipment: Debt And Control Concerns Mitigate The Gains From Acquisitions
Jan 12Alta Equipment Group (NYSE:ALTG) Is Paying Out A Dividend Of $0.057
Aug 11Alta Equipment Looks Cheap: Proven Model, M&A, And Online Efforts
Jul 27Estimating The Intrinsic Value Of Alta Equipment Group Inc. (NYSE:ALTG)
May 16When Should You Buy Alta Equipment Group Inc. (NYSE:ALTG)?
Apr 06Alta Equipment declares $0.057 dividend
Feb 01Alta Equipment Group to acquire Ecoverse Industries
Oct 18Alta Equipment: Multiple Tailwinds
Sep 26At US$12.93, Is Alta Equipment Group Inc. (NYSE:ALTG) Worth Looking At Closely?
Sep 09Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Jul 19Alta Equipment initiates $0.057 dividend, to buyback $12.5M shares
Jul 12Alta Equipment Group to acquire privately held Yale Industrial Trucks
Jul 06Our First Take On Alta Equipment Group
Dec 01Alta Equipment Group (NYSE:ALTG) Is Reinvesting At Lower Rates Of Return
Nov 30Earnings Update: Here's Why Analysts Just Lifted Their Alta Equipment Group Inc. (NYSE:ALTG) Price Target To US$17.50
Aug 15These 4 Measures Indicate That Alta Equipment Group (NYSE:ALTG) Is Using Debt In A Risky Way
Aug 12There Are Reasons To Feel Uneasy About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
May 26Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, ALTG has been paying a dividend for less than 10 years.
Growing Dividend: ALTG has only been paying a dividend for 2 years, and since then payments have not increased.
Dividend Yield vs Market
| Alta Equipment Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ALTG) | 2.0% |
| Market Bottom 25% (US) | 1.6% |
| Market Top 25% (US) | 4.8% |
| Industry Average (Trade Distributors) | 1.7% |
| Analyst forecast in 3 Years (ALTG) | 2.0% |
Notable Dividend: ALTG's dividend (1.99%) is higher than the bottom 25% of dividend payers in the US market (1.58%).
High Dividend: ALTG's dividend (1.99%) is low compared to the top 25% of dividend payers in the US market (4.8%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (125.4%), ALTG's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: ALTG is paying a dividend but the company has no free cash flows.