Alta Equipment Group Dividends and Buybacks
Dividend criteria checks 1/6
Alta Equipment Group is a dividend paying company with a current yield of 2.85%. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
2.9%
Dividend yield
0.8%
Buyback Yield
| Total Shareholder Yield | 3.7% |
| Future Dividend Yield | 2.9% |
| Dividend Growth | 30.8% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | US$0.228 |
| Payout ratio | -35% |
Recent dividend and buyback updates
Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05
Alta Equipment Group (NYSE:ALTG) Has Affirmed Its Dividend Of $0.057
Feb 05Recent updates
Alta Equipment Group Inc.'s (NYSE:ALTG) Share Price Is Matching Sentiment Around Its Revenues
Nov 07Here's What's Concerning About Alta Equipment Group's (NYSE:ALTG) Returns On Capital
Sep 17Alta Equipment Group: More Than 100% Upside As Cash Piles Up In Coming Quarters
Aug 27Alta Equipment Group (NYSE:ALTG) Has No Shortage Of Debt
Aug 26Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05Investors Still Aren't Entirely Convinced By Alta Equipment Group Inc.'s (NYSE:ALTG) Revenues Despite 27% Price Jump
Jul 17Returns On Capital At Alta Equipment Group (NYSE:ALTG) Paint A Concerning Picture
Jun 05Benign Growth For Alta Equipment Group Inc. (NYSE:ALTG) Underpins Stock's 31% Plummet
May 14Greenhaven Road Capital - Alta Equipment Group: A Razor/Razorblade Model Free Cash Flow Generator
May 01Is 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 19Upcoming Dividend Payment
Stability 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) | 2.9% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Trade Distributors) | 1.3% |
| Analyst forecast (ALTG) (up to 3 years) | 2.9% |
Notable Dividend: ALTG's dividend (2.85%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: ALTG's dividend (2.85%) is low compared to the top 25% of dividend payers in the US market (4.3%).
Earnings Payout to Shareholders
Earnings Coverage: ALTG is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (290.2%), ALTG's dividend payments are not well covered by cash flows.