Alta Equipment Group Dividends and Buybacks
Dividend criteria checks 2/6
Alta Equipment Group is a dividend paying company with a current yield of 3.4%.
Key information
3.4%
Dividend yield
0.9%
Buyback Yield
| Total Shareholder Yield | 4.3% |
| Future Dividend Yield | 3.4% |
| Dividend Growth | 33.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | US$0.228 |
| Payout ratio | -13% |
Recent dividend and buyback updates
Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
Nov 08
Alta Equipment Group (NYSE:ALTG) Will Pay A Dividend Of $0.057
Aug 05Recent updates
Alta Equipment Group (NYSE:ALTG) Will Be Hoping To Turn Its Returns On Capital Around
Dec 19Alta Equipment Group's (NYSE:ALTG) Dividend Will Be $0.057
Nov 08Alta 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 09Stability 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) | 3.4% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.5% |
| Industry Average (Trade Distributors) | 1.5% |
| Analyst forecast (ALTG) (up to 3 years) | 3.4% |
Notable Dividend: ALTG's dividend (3.4%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: ALTG's dividend (3.4%) is low compared to the top 25% of dividend payers in the US market (4.5%).
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 low cash payout ratio (19%), ALTG's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 22:36 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Alta Equipment Group Inc. is covered by 5 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alexander Rygiel | B. Riley Securities, Inc. |
| Matt Summerville | D.A. Davidson & Co. |
| Edward Jackson | Northland Capital Markets |