Alamo Group Boosts Quarterly Dividend 15%

Dow Jones

Jan 03, 2025

By Adam L. Cataldo

Alamo Group raised its quarterly dividend to 30 cents per share from 26 cents.

The board of directors decision to increase the quarterly payout reflects the resilience of Alamo's business and confidence in the future, the company said on Thursday.

The new dividend totals $1.20 per share on an annual basis. That is equivalent to yield of about 0.67% based on Alamo's latest closing price of $180.17.

The dividend will be paid Jan. 29 to shareholders of record at the close of business Jan. 16.

Based in Seguin, Texas, Alamo is a designer, manufacturer, distributor, and servicer of high-quality equipment for vegetation management, infrastructure maintenance and other applications.

Write to Adam Cataldo at adam.cataldo@wsj.com

(END) Dow Jones Newswires

January 02, 2025 16:55 ET (21:55 GMT)

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Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  Alamo Group raised its quarterly dividend to 30 cents per share from 26 cents. \n</p>\n<p>\n  The board of directors decision to increase the quarterly payout reflects the resilience of Alamo's business and confidence in the future, the company said on Thursday. \n</p>\n<p>\n  The new dividend totals $1.20 per share on an annual basis. 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Cataldo \n</p>\n<pre>\n \n</pre>\n<p>\n  Alamo Group raised its quarterly dividend to 30 cents per share from 26 cents. \n</p>\n<p>\n  The board of directors decision to increase the quarterly payout reflects the resilience of Alamo's business and confidence in the future, the company said on Thursday. \n</p>\n<p>\n  The new dividend totals $1.20 per share on an annual basis. That is equivalent to yield of about 0.67% based on Alamo's latest closing price of $180.17. \n</p>\n<p>\n  The dividend will be paid Jan. 29 to shareholders of record at the close of business Jan. 16. \n</p>\n<p>\n  Based in Seguin, Texas, Alamo is a designer, manufacturer, distributor, and servicer of high-quality equipment for vegetation management, infrastructure maintenance and other applications. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 02, 2025 16:55 ET (21:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0128526141.USD","symbol_name":"TEMPLETON GLOBAL SMALLER COMPANIES \"A\" ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2500907036","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500907036","pubTimestamp":1735854900,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Alamo Group raised its quarterly dividend to 30 cents per share from 26 cents.The board of directors decision to increase the quarterly payout reflects the resilience of Alamo's business and confidence in the future, the company said on Thursday.The new dividend totals $1.20 per share on an annual basis. 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Cataldo \n\n\n \n\n\n  Alamo Group raised its quarterly dividend to 30 cents per share from 26 cents. \n\n\n  The board of directors decision to increase the quarterly payout reflects the resilience of Alamo's business and confidence in the future, the company said on Thursday. \n\n\n  The new dividend totals $1.20 per share on an annual basis. That is equivalent to yield of about 0.67% based on Alamo's latest closing price of $180.17. \n\n\n  The dividend will be paid Jan. 29 to shareholders of record at the close of business Jan. 16. \n\n\n  Based in Seguin, Texas, Alamo is a designer, manufacturer, distributor, and servicer of high-quality equipment for vegetation management, infrastructure maintenance and other applications. \n\n\n \n\n\n  Write to Adam Cataldo at adam.cataldo@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 02, 2025 16:55 ET (21:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}