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SEGUIN, Texas - Alamo Group Inc. (NYSE:ALG) announced Wednesday its Board of Directors has declared a quarterly dividend of $0.30 per share, payable on October 28, 2025, to shareholders of record as of October 15, 2025. The company has maintained dividend payments for 33 consecutive years, with a 15.4% dividend growth in the last twelve months.
The Texas-based manufacturer of vegetation management and infrastructure maintenance equipment maintains its regular quarterly payout to shareholders. With a market capitalization of $2.3 billion and strong financial health indicators, including a current ratio of 4.56, the company operates with moderate debt levels. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value calculations.
Alamo Group, founded in 1969, designs, manufactures, distributes, and services equipment for vegetation management and infrastructure maintenance applications. The company’s product portfolio includes truck and tractor mounted mowing equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, agricultural implements, and forestry equipment.
As of June 30, 2025, the company employed approximately 3,800 people and operated 27 manufacturing plants across North America, Europe, Australia, and Brazil.
The dividend announcement was made in a press release statement issued by the company.
In other recent news, Alamo Group Inc. reported its Q2 2025 financial results, showing a mixed performance. The company achieved a revenue of $419.1 million, surpassing analyst forecasts. However, the earnings per share (EPS) came in at $2.57, slightly below the expected $2.59. These financial results highlight a strong revenue performance despite the minor shortfall in EPS. Additionally, Alamo Group announced a leadership change with Robert P. Hureau set to become the new President and Chief Executive Officer, effective September 2, 2025. Hureau brings experience from his previous roles, including his position as CEO of American Trailer World. This leadership transition marks a significant development for the company. These recent developments provide important insights into Alamo Group’s current business landscape.
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