Key Highlights

  • Alamo's $0.34 quarterly dividend has an October 15, 2026 ex-dividend date and is payable October 28 to shareholders of record.
  • Second-quarter net sales were $450.7 million, up 7.6%, with Industrial Equipment Division net sales of $271.6 million.
  • GAAP EPS was $2.55 versus $2.57, and adjusted EPS, a non-GAAP measure, was $2.82 versus $2.63.
  • Adjusted EBITDA was $63.9 million, or 14.2% of net sales, with cash of $195.0 million and total debt of $262.7 million.

Alamo Group's (NYSE:ALG) $0.34 quarterly dividend yields 0.88% and sits beside second-quarter GAAP EPS of $2.55 and adjusted EPS of $2.82. The board declared it on October 1, 2026. The company returned $19.0 million to stockholders in the first half of 2026, including $8.2 million of dividends.

Dividend Program and Shareholder Returns

Alamo's board declared a quarterly dividend of $0.34 per share on October 1, 2026. It will be paid October 28 to shareholders of record at the close of business on October 15.

In the first six months of 2026 the company paid $8.2 million of dividends and repurchased $10.8 million of its common stock, a total of $19.0 million returned to stockholders, versus $7.2 million of dividends and $1.6 million of repurchases a year earlier.

About the Company

Alamo Group is based in Seguin, Texas, and manufactures purpose-built industrial and vegetation management equipment. It serves infrastructure building and maintenance, industrial construction, public works, land maintenance, agriculture and tree care. Founded in 1969, it has approximately 3,800 employees and operates 27 manufacturing facilities in the United States, Canada, Europe, Brazil and Australia.

Financial Performance Behind the Payout

Alamo reported second-quarter net sales of $450.7 million, up 7.6% from $419.1 million. First-half net sales were $867.9 million versus $810.0 million. Income from operations was $45.8 million versus $47.1 million, and adjusted operating income was $50.1 million, or 11.1% of net sales.

Net income was $30.9 million, or $2.55 per diluted share, versus $31.1 million, or $2.57. First-half net income was $60.1 million versus $62.9 million, or $4.96 per diluted share versus $5.21. Adjusted net income was $34.2 million, or $2.82 per diluted share, versus $31.9 million, or $2.63, an increase of 7.2% in adjusted EPS.

Adjusted EBITDA was $63.9 million, or 14.2% of net sales, versus $58.8 million, or 14.0%. Industrial Equipment Division adjusted EBITDA was $45.3 million, or 16.7% of net sales, versus $40.3 million, or 16.8%. Vegetation Management Division adjusted EBITDA was $18.6 million, or 10.4%, versus $18.5 million, or 10.4%.

The Petersen Acquisition and Credit Facility

Industrial Equipment Division net sales rose 12.8% to $271.6 million, which the company attributed to organic demand and the contribution from Petersen, acquired earlier in 2026. Vegetation Management Division net sales were $179.1 million, up 0.4%. First-half acquisitions, net of cash acquired, were $162.9 million. Restructuring expenses were $4.0 million in the quarter.

In May 2026 the company renewed its credit facility, preserving $602.5 million of committed capacity, comprising a $400.0 million revolver and a $202.5 million term loan facility. At June 30 cash was $195.0 million and total debt was $262.7 million. Backlog was $365.3 million in Industrial Equipment versus $509.6 million a year earlier, and $184.0 million in Vegetation Management versus $177.6 million.

Outlook

Alamo did not provide numerical guidance in its second-quarter release. The chief executive officer said conditions across its end markets remain mixed, and that the company is focused on operational improvement and disciplined execution.