ALTG-P-A: ALTA EQUIPMENT GROUP INC. 10% Series A Preferred Stock
ALTA EQUIPMENT GROUP INC.'s ALTG-P-A is an exchange-traded preferred stock in the Wholesale-Industrial Machinery & Equipment sector.
At a recent price of $25.46, ALTG-P-A yields 9.82% on its $25 liquidation preference and 10% coupon.
It trades at a premium of 1.8% to par.
The issue is cumulative, perpetual (no stated maturity), callable on or after 2025-12-22.
Distributions are paid quarterly.
Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.