Alamo Group, Inc. (NYSE:ALG) will begin trading ex-dividend on July 15, 2020. The quarterly dividend payment of $ 0.13 per share is scheduled to be paid on July 29, 2020. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date, latest at the end of the trading session on July 15, 2020.
Dividends History
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Recent Earnings Announcement
Alamo Group, Inc. disclosed income for the first quarter of $ 1.29 per share, from the revenue of $ 314.45 million. The quarterly earnings down 0.77 percent while revenues expanded 20.05 percent compared with the same quarter last year.
Wall street analysts are predicting, ALG to report 1Q20 income of $ 1.21 per share from revenue of $ 318.02 million. The bottom line results beat street analysts by $ 0.08 or 6.61 percent, at the same time, top line results fell short of analysts by $ 3.57 million or 1.12 percent.
Stock Performance
According to the previous trading day, closing price of ALG was $ 100.59, representing a 41.70 % increase from the 52 week low of $ 70.99 and a 24.35 % decrease over the 52 week high of $ 132.96.
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The company has a market capital of $ 1.19 billion and is part of the Industrial Goods sector and Farm & Construction Machinery industry.
Alamo Group Inc. designs, manufactures, distributes, and services agricultural and infrastructure maintenance equipment for governmental and industrial use worldwide. The company offers hydraulically-powered and tractor-mounted mowers, including boom-mounted mowers; other cutters and replacement parts for heavy-duty and intensive uses; and heavy duty, tractor- and truck-mounted mowing, and vegetation maintenance equipment and replacement parts.
