Notable Dividend Flow: Alamo Group, Inc. (NYSE:ALG) dividends will reach $0.09 on Oct 28, 2016, and this is why.

Notable Dividend Flow: Alamo Group, Inc. (NYSE:ALG) dividends will reach $0.09 on Oct 28, 2016, and this is why.

Alamo Group, Inc. (NYSE:ALG) is expected to pay $0.09 on Oct 28, 2016. The indicated annual dividend is $0.36. Shareholders owning the stock before Oct 12, 2016 will be eligible to receive the payout. Based on Alamo Group, Inc.’s current price of $66.02, the dividend is 0.14%. This dividend’s record date is Oct 14, 2016 and the announcement date is Oct 3, 2016. The stock decreased 0.09% or $0.06 during the last trading session, hitting $66.02. Alamo Group, Inc. (NYSE:ALG) has risen 13.44% since March 8, 2016 and is uptrending. It has outperformed by 4.12% the S&P500.

Alamo Group Inc. is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The company has a market cap of $753.51 million. The Firm operates in Industrial, Agricultural and European divisions. It has a 16.75 P/E ratio. The Company’s products include tractor-mounted mowing and other vegetation maintenance equipment, vacuum trucks, snow removal equipment, pothole patchers, zero turn radius mowers, agricultural implements and related aftermarket parts and services.

Insitutional Activity: The institutional sentiment increased to 1.31 in Q2 2016. Its up 0.33, from 0.98 in 2016Q1. The ratio improved, as 13 funds sold all Alamo Group, Inc. shares owned while 36 reduced positions. 30 funds bought stakes while 34 increased positions. They now own 9.81 million shares or 5.07% less from 10.33 million shares in 2016Q1.
Qs Investors holds 2,835 shares or 0% of its portfolio. Lsv Asset Mngmt holds 0.01% of its portfolio in Alamo Group, Inc. (NYSE:ALG) for 100,731 shares. Bnp Paribas Arbitrage Sa reported 2,929 shares or 0% of all its holdings. Ls Advsrs Ltd Liability Corp has 352 shares for 0% of their US portfolio. Great West Life Assurance Can owns 1,779 shares or 0% of their US portfolio. Hancock Co has 202,522 shares for 0.56% of their US portfolio. Assetmark Inc holds 210 shares or 0% of its portfolio. Moreover, Systematic Financial Management L P has 0.03% invested in Alamo Group, Inc. (NYSE:ALG) for 28,350 shares. The United Kingdom-based Gsa Prtnrs Ltd Liability Partnership has invested 0.04% in Alamo Group, Inc. (NYSE:ALG). Royal Fincl Bank Of Canada last reported 17,700 shares in the company. D E Shaw & reported 6,584 shares or 0% of all its holdings. The Germany-based Deutsche Retail Bank Ag has invested 0% in Alamo Group, Inc. (NYSE:ALG). Blackrock Institutional Trust Na last reported 0% of its portfolio in the stock. Neumeier Poma Invest Counsel Ltd Llc, a California-based fund reported 131,375 shares. Origin Asset Mgmt Llp holds 0.02% of its portfolio in Alamo Group, Inc. (NYSE:ALG) for 4,609 shares.

Insider Transactions: Since May 24, 2016, the stock had 0 buys, and 9 insider sales for $1.41 million net activity. 2,500 shares were sold by WEHRLE RICHARD J, worth $158,975. Another trade for 5,000 shares valued at $329,350 was made by DAVIES GEOFF on Friday, July 8. $126,068 worth of Alamo Group, Inc. (NYSE:ALG) shares were sold by Leonard Jeffery Allen. Shares for $241,160 were sold by ROBINSON RONALD A on Thursday, May 26. The insider GEORGE ROBERT H sold $181,200.

Alamo Group, Inc. (NYSE:ALG) Ratings Coverage

Out of 2 analysts covering Alamo Group (NYSE:ALG), 0 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 0 are positive. Alamo Group has been the topic of 2 analyst reports since October 9, 2015 according to StockzIntelligence Inc. On Friday, November 6 the stock rating was downgraded by Seaport Global Securities to “Neutral”. The firm has “Underperform” rating given on Friday, October 9 by Bank of America.

More notable recent Alamo Group, Inc. (NYSE:ALG) news were published by: Forbes.com which released: “Ex-Dividend Reminder: Science Applications International, Alamo Group and …” on October 10, 2016, also Prnewswire.com with their article: “Alamo Group Inc. Announces The Appointment Of A New Board Member” published on August 04, 2016, Quotes.Wsj.com published: “News Alamo Group Inc.ALG” on February 03, 2007. More interesting news about Alamo Group, Inc. (NYSE:ALG) were released by: Prnewswire.com and their article: “Alamo Group Inc. Announces Appointment of Executive Vice President of North …” published on March 30, 2015 as well as Prnewswire.com‘s news article titled: “Alamo Group Inc. Announces The Appointment Of Two New Board Members” with publication date: August 06, 2015.

ALG Company Profile

Alamo Group Inc., incorporated on October 22, 1987, is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Firm operates in Industrial, Agricultural and European divisions. 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, agricultural implements and related aftermarket parts and services. The Firm operates approximately 20 plants in North America, Europe, Australia and Brazil. The Firm 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. It also offers replacement parts for each of its wholegoods lines. The Company’s products are sold through various marketing organizations, and dealer and distributor networks under the Alamo Industrial, Terrain King, Tiger, Gradall, VacAll, Schwarze, Nite-Hawk, Henke, Tenco, Super Products, Wausau-Everest, H.P. Fairfield, Bush Hog, Rhino, Earthmaster, Herschel, Valu-Bilt, Schulte, Superior, Fieldquip, McConnel, Bomford, Spearhead, Herder, Twose, Kellands, SMA, Forges Gorce, Faucheux, Rousseau and Rivard trademarks, as well as other trademarks and trade names.

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