ALTG-A Alta Equipment Group Inc. ADRs of 10% Series A Cumulative Perpetual Preferred Stock
We will pay cumulative distributions on the Series A Preferred Stock underlying the depositary shares, from, and including, the date of original issuance, in the amount of $2.50 per depositary share each year, which is equivalent to 10% of the $25.00 liquidation preference per depositary share. Dividends on the Series A Preferred Stock will be payable quarterly in arrears, on or about the last day of January, April, July and October of each year (or, if not on a business day, on the next succeeding business day). On or after the fifth anniversary, we may, at our option, redeem the shares of the Series A Preferred Stock underlying the depositary shares, in whole or from time to time in part, by paying $25,000.00 per share ($25.00 per depositary share), plus any accumulated and unpaid dividends to, but not including, the redemption date. This security was issued by Alta Equipment Group Inc. Class A, whose common stock symbol is ALTG.
$25.75 +0.00 (0.00%)
As of 03/23/2023 16:00:00 EST IEX book CBOE book
Security Information
Category1: US Equity
Category2: Preferred stocks
Category3: Non-convertible
GICS sector: Industrials
Industry: Rental & Leasing Services
Index country: USA
Country of incorporation: USA
IPO date: 12/28/2020
Outstanding shares: 1,190,000
Average volume: 1,422
Market cap: $31,939,600
Current dividend yield: 9.31% calculation
Coupon rate: 10.000%
Cumulative: Yes
Liquidation value: $25.00
Callable after: 12/28/2027
Maturity date: n/a - perpetual
Prospectus: Read on SEC.gov
All SEC filings: SEC Edgar Online
Quarterly filings: 10-Q
Annual filings: 10-K
Sedol: