Alamo Group, Inc. (NYSE:ALG) Updates On Quarterly Dividend


As per Alamo Group, Inc. (NYSE:ALG) statement on 2016-07-01, the shareholders would receive dividend for the gone quarter. The company confirmed that it will disburse $0.09 per share as dividend to stakeholders. The record date is set as 2016-07-15, the payout date as 2016-07-29 and the ex-dividend date is 2016-07-13.

Last fiscal Alamo Group, Inc. (NYSE:ALG) disbursed cash dividend of $0.09. A year ago, the payout was $0.09, which indicates a difference of 14.2857%. The past track record of five years substantiates that the average payout as given by the firm stands at $0.09, implying 5.9224% growth.

For the period ended on 2015-12-31, Alamo Group, Inc. (NYSE:ALG)’s earnings came at $0.92 per share compared to EPS of $1.31 a year ago. This quarter the firm can post earnings for quarter ending 2016-09-30 on or around 2016-11-02. For this quarter, the analysts have earnings estimate of $1.26 per share.

The interim price target for Alamo Group, Inc. (NYSE:ALG) is set at $60.666. This level is the mean price reached by averaging the stock views of 3 analysts. All these are top brokerages of Wall Street and trail the company’s performance regularly. The best price estimate for Alamo Group, Inc. (NYSE:ALG) is seen at $68 and the lowest level is established at $54. This broad range highlights a standard deviation of $7.023 in reported estimates.

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