ALG Ex-Dividend Reminder - 10/13/23

Looking at the universe of stocks we cover at Dividend Channel, on 10/13/23, Alamo Group, Inc. (Symbol: ALG) will trade ex-dividend, for its quarterly dividend of $0.22, payable on 10/31/23. As a percentage of ALG's recent stock price of $176.62, this dividend works out to approximately 0.12%.

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In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from ALG is likely to continue, and whether the current estimated yield of 0.50% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of ALG shares, versus its 200 day moving average:

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Looking at the chart above, ALG's low point in its 52 week range is $131.86 per share, with $200.81 as the 52 week high point — that compares with a last trade of $176.62.

In Wednesday trading, Alamo Group, Inc. shares are currently up about 0.6% on the day.

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