Alamo Group(NYSE:ALG) Declares Dividend of $0.0900.

Alamo Group (NYSE:ALG) had declared a cash dividend of $0.0900 on Oct 3, 2016. The shares will quote ex-dividend on Oct 12, 2016 and the record date has been fixed for Oct 14, 2016. On Oct 3, 2016 share price, the yield comes out to be 0.5464%. The dividend payable date has been fixed on Oct 28, 2016.

Alamo Group (ALG) shares turned negative on Fridays trading session with the shares closing down -0.49 points or -0.74% at a volume of 54,156. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $66.7. The peak price level was also seen at $66.7 while the days lowest was $65.97. Finally the shares closed at $66.08. The 52-week high of the shares is $68.04 while the 52-week low is $43.98. According to the latest information available, the market cap of the company is $760 M.

Alamo Group(ALG) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $211.49M. Analysts had an estimated revenue of $219.74M. Earnings per share were $0.92. Analysts had estimated an EPS of $1.01.

Several Insider Transactions has been reported to the SEC. On Aug 11, 2016, Richard J Wehrle (VP & Corporate Controller) sold 2,500 shares at $63.59 per share price.Also, On Jul 11, 2016, Geoff Davies (VP, Managing Dir Europe) sold 5,000 shares at $65.87 per share price.On Jul 7, 2016, Jeffery Allen Leonard (VP & Gen Mgr Industrial Div) sold 2,000 shares at $63.03 per share price, according to the Form-4 filing with the securities and exchange commission.

Alamo Group Inc. is engaged in the design and manufacture of high quality agricultural equipment and infrastructure maintenance equipment for Governmental and industrial use. The Company’s products include tractor-mounted mowing and other vegetation maintenance equipment street sweepers excavators vacuum trucks snow removal equipment pothole patchers zero turn radius mowers (ZTR’s) agricultural implements and related aftermarket parts and services The Company sells its products through a network of independent dealers and distributors to Governmental end-users related independent contractors as well as to the agricultural and commercial turf markets. The Company operates in the United States England France Canada and Australia. The Company operates in the United States the United Kingdom France Canada and Australia.

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