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Dividend Vision

ALTG — Alta Equipment Group Inc

Alta Equipment Group Inc (ALTG)

ALTG pays a 2.93% distribution rate, quarterly. Its Distribution Safety Score™ is 23 (Elevated risk), giving a Safety-Adjusted Yield of 0.67%. Total return is -15.1% over the past 7.3 years, 211.0 points behind SPY at 195.9%. Its deepest 1-year drawdown was 51.1%.

Alta Equipment Group is an integrated equipment dealership operating across the United States and Canada, selling, renting, and servicing specialized equipment including lift trucks, earthmoving machinery, cranes, and construction equipment through three business segments: Material Handling, Construction Equipment, and Master Distribution. The company distributes a modest current distribution rate on a quarterly basis. The business appeals to income-oriented investors seeking exposure to the equipment rental and sales sector.

ALTG key facts

Distribution Safety Score™
23 · Elevated risk
Safety-Adjusted Yield
0.67%
Asset type
Stock
Asset class
Equity
Inception date
04/25/2019
Distribution rate
2.93%
Distribution frequency
Quarterly
Last close
$7.25
Market cap
$207,576,752
Average volume
134099.0
Last dividend
$0.0570
Ex-dividend date
05/15/2025
Payment date
05/30/2025
Beta
1.72
Payout ratio
1.2667
Forward P/E
222.2222
EPS
$-2.52