ALTA EQUIPMENT GROUP INC. 8-K

What Happened Alta Equipment Group Inc. announced on January 5, 2026 that its Board declared a dividend on the company’s 10% Series A Cumulative Perpetual Preferred Stock. The dividend is $625.00 per share of Series A Preferred, with a record date of January 15, 2026 and a payment date of January 30, 2026. The announcement was made by press release (filed as Exhibit 99.1 to the Form 8-K).

Key Details

• Dividend amount: $625.00 per share of 10% Series A Cumulative Perpetual Preferred Stock.
• Depositary shares: Each depositary share represents a 1/1000th interest; dividend equals $0.625 per depositary share.
• Important dates: Record date January 15, 2026; payment date January 30, 2026.
• Depositary shares trade on NYSE under ticker "ALTG PRA."

Why It Matters This action affects holders of ALTG’s Series A Preferred and the corresponding depositary shares (ALTG PRA) by specifying the upcoming cash payment and timing. Common stockholders are not directly impacted by this preferred-stock dividend declaration. Retail investors holding or considering purchase of the depositary shares should note the record and payment dates to determine entitlement to the dividend.