Alamo Group Declares Quarterly Dividend of $0.34 per Share
Alamo Group Inc. (NYSE: ALG) has declared a quarterly dividend of $0.34 per share, consistent with its previous payout. The forward yield is currently at 0.87%. Shareholders of record as of October 15 will receive the payment on October 28, and the stock will go ex-dividend on the same date. The company recently reported GAAP earnings per share (EPS) of $2.82 for Q2 2026, exceeding estimates by $0.08, while revenue reached $450.7 million—$13.22 million above expectations. Alamo also reiterated its target adjusted EBITDA margin at 18% and aims to maintain net leverage up to 2.5x for potential M&A activity. Analysts remain cautious about upgrading the stock due to ongoing uncertainties, despite strong earnings performance.
Tickers: $ALG