ALTG
ALTG
NYSE · Trading Companies & Distributors

Alta Equipment Group Inc

$6.08
+0.15 (+2.53%)
As of Oct 3, 2:17 AM ET ·
Dividend Overview
2.26%
Dividend Yield
+0.96% vs S&P 500 avg
$0.23
Annual Dividend
Per Payment$0.06
Frequencyquarterly
Payout Ratio58.7%
Ex-Dividend—
Pay Date—
Stock Price$6.08
Dividend Income Calculator
If you invest $10,000 in ALTG at $6.08/share
Monthly
$31.29
Quarterly
$93.87
Annually
$375.49
1644 shares Based on current price of $6.08 per share
To earn $100/month in dividends
You would need 5,254 shares
$31,944.32
investment needed
Dividend Safety
Safe 58.7% payout ratio
Safe Moderate High

A payout ratio under 60% suggests the dividend is well-covered by earnings with room to grow.

Dividend Comparison — Trading Companies & Distributors
Stock Yield Annual Div Payout Ratio Price
URI
United Rentals Inc
1.27% $7.23 18.6% $1,081.04
GWW
Ww Grainger Inc
0.92% $9.75 27.4% $1,280.30
FAST
Fastenal Co
2.30% $0.88 79.8% $50.75
FERG
Ferguson Enterprises Inc
1.79% $2.46 41.5% $223.33
WCC
Wesco International Inc
0.60% $2.37 18.1% $381.73
FTAI
Ftai Aviation Ltd
6.67% $1.42 29.0% $167.03
AIT
Applied Industrial Tech Inc
0.86% $1.94 17.5% $343.45
WSO
Watsco Inc
3.17% $10.64 95.3% $297.47
MSM
Msc Industrial Direct Co-A
3.35% $3.40 95.1% $130.12
AL
Air Lease Corp
1.35% $1.28 13.1% $65.00