Alta Equipment Group Inc. Form 8-K Summary
Business context and reporting period
Alta Equipment Group Inc. filed a Form 8-K dated April 3, 2024, under Item 8.01, Other Events. The filing reports a declared dividend on the company’s 10% Series A Cumulative Perpetual Preferred Stock.
Dividend and key financial information
- The board declared a dividend of $625 per share of Series A Preferred Stock.
- Each depositary share, representing a 1/1,000th fractional interest in one Series A Preferred share, will receive $0.625.
- The depositary shares trade on the New York Stock Exchange under the symbol ALTG PRA.
- Dividend record date: April 15, 2024.
- Dividend payment date: April 30, 2024.
- The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating metrics.
Material changes versus the prior comparable period
The filing does not report comparative financial results or other material changes versus a prior period. It announces the preferred-stock dividend and related dates.
Guidance, outlook, risks, contingencies, and unusual items
No guidance, outlook, management commentary, risk factors, contingencies, or unusual operating items are disclosed in the filing text. The full press release is filed as Exhibit 99.1 and incorporated by reference.
Facts investors should verify
- Confirm the Series A Preferred dividend terms and the $0.625 per-depositary-share payment.
- Verify eligibility based on the April 15, 2024 record date.
- Verify the April 30, 2024 payment date and NYSE trading symbol ALTG PRA.
- Review Exhibit 99.1 for any additional details in the accompanying press release.