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Alamo Group Raises Dividend From $0.30 To $0.34/Share

Benzinga·01/02/2026 21:16:44
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Alamo Group Inc. (NYSE:ALG) announced today that its Board of Directors has declared a quarterly dividend of $0.34 per share, raising the quarterly dividend amount by $0.04 per quarter. This significant dividend increase of more than 13 percent underscores Alamo Group's unwavering commitment to delivering long-term value to its shareholders and is aligned with the Company's disciplined capital allocation strategy. The consistency of the Company's annual dividend increases reflects the resilience of the business and continued confidence in the Company's future. Payment of the January dividend will be made on January 29, 2026, to shareholders of record at the close of business on January 16, 2026.