ALTA EQUIPMENT GROUP INC. 8-K

What Happened
Alta Equipment Group Inc. (filed an 8-K on April 3, 2026) announced that its Board declared a dividend on its 10% Series A Cumulative Perpetual Preferred Stock. The dividend is $625 per share of Series A Preferred, which equals $0.625 for each outstanding Depositary Share (each Depositary Share represents a 1/1000th interest in a Series A Preferred share). The record date is April 15, 2026 and the payment date is April 30, 2026. The Depositary Shares trade on the NYSE under the symbol ALTG PRA.

Key Details

• Dividend declared: $625.00 per share of 10% Series A Cumulative Perpetual Preferred Stock.
• Depositary Share equivalent: $0.625 per Depositary Share (each represents 1/1000th of a preferred share).
• Record date: April 15, 2026. Payment date: April 30, 2026.
• Deposit ary shares ticker: ALTG PRA (New York Stock Exchange). Press release filed as Exhibit 99.1 to the 8-K.

Why It Matters
This is a scheduled dividend payment for holders of Alta’s Series A preferred and the corresponding Depositary Shares. Income-focused investors holding ALTG PRA will receive $0.625 per share on the payment date if they are the record holders on April 15, 2026. The filing is informational and does not indicate changes to Alta’s common equity or operational results; it simply confirms the Board-approved preferred-stock distribution.