Alta Equipment Group Inc. announced on October 2, 2026, that its Board of Directors has approved a dividend for its 10% Series A Cumulative Perpetual Preferred Stock. The dividend is set at $625 per share of the Series A Preferred.

The payment will be distributed on October 30, 2026, to shareholders of record as of the close of business on October 15, 2026. The dividend is equivalent to $0.625 for each outstanding Depositary Share, which represents a 1/1000th fractional interest in a share of the Series A Preferred. These Depositary Shares trade on The New York Stock Exchange under the symbol "ALTG PRA."

The full text of the press release detailing this announcement is filed as Exhibit 99.1 to the company’s Current Report on Form 8-K.