SEGUIN,
Texas, April 1, 2024 /PRNewswire/ -- Alamo Group
Inc. (NYSE: ALG) announced today that its Board of Directors has
declared its quarterly dividend of $0.26 per share. Payment will be made on
April 29, 2024, to shareholders of
record at the close of business on April 16,
2024.
About Alamo Group
Alamo Group is a leader in the
design, manufacture, distribution, and service of high-quality
equipment for vegetation management, infrastructure maintenance and
other applications. Our products include truck and tractor mounted
mowing and other vegetation maintenance equipment, street sweepers,
snow removal equipment, excavators, vacuum trucks, other industrial
equipment, agricultural implements, forestry equipment and related
after-market parts and services. The Company, founded in 1969, has
approximately 4,350 employees and operates 29 plants in
North America, Europe, Australia, and Brazil as of December
31, 2023. The corporate offices of Alamo Group Inc. are
located in Seguin, Texas.
Forward Looking Statements
This release contains
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve known and
unknown risks and uncertainties, which may cause the Company's
actual results in future periods to differ materially from
forecasted results. Among those factors which could cause actual
results to differ materially are the following: adverse economic
conditions which could lead to a reduction in overall marked
demand, supply chain disruptions, labor constraints, increasing
costs due to inflation, new or unanticipated effects of the
COVID-19 pandemic, geopolitical risks, including effects of the war
in Ukraine, competition, weather,
seasonality, currency-related issues, and other risk factors listed
from time to time in the Company's SEC reports. The Company does
not undertake any obligation to update the information contained
herein, which speaks only as of this date.
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SOURCE Alamo Group Inc.