Alta Equipment shares rise 13.07% intraday after board approves $625 quarterly dividend for A series preferred stock, payable Jan. 30, 2026.

Alta Equipment surged 13.07% intraday trading, with the company announcing a quarterly dividend of $625 per A Series cumulative perpetual preferred share (equivalent to $0.625 per depositary share), payable on January 30, 2026. The firm is one of North America’s largest integrated equipment dealers, operating over 80 locations and specializing in the sales and leasing of material handling, construction, and environmental processing equipment.