Alamo Group, Inc. ( ALG ) will begin trading ex-dividend on January 14, 2013. A cash dividend payment of $0.07 per share is scheduled to be paid on January 30, 2013. Shareholders who purchased ALG stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over the prior quarter.
The previous trading day's last sale of ALG was $34.34, representing a -1.6% decrease from the 52 week high of $34.90 and a 34.61% increase over the 52 week low of $25.51.
ALG is a part of the Capital Goods sector, which includes companies such as Canon, Inc. ( CAJ ) and Danaher Corporation ( DHR ). ALG's current earnings per share, an indicator of a company's profitability, is $2.66. Zacks Investment Research reports ALG's forecasted earnings growth in 2012 as -4.49%, compared to an industry average of 9.6%.
For more information on the declaration, record and payment dates, visit the ALG Dividend History page.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.