SEGUIN, Texas, July 2, 2020 /PRNewswire/ -- Alamo Group Inc.
(NYSE: ALG) announced today that its Board of Directors has
declared its quarterly cash dividend of $0.13 per share, payable July 29, 2020, to shareholders of record at the
close of business on July 16,
About Alamo Group
Alamo Group is a leader in the
design, manufacture, distribution and service of high quality
equipment for infrastructure maintenance, agriculture and other
applications. Our products include truck and tractor mounted mowing
and other vegetation maintenance equipment, street sweepers, snow
removal equipment, excavators, vacuum trucks, other industrial
equipment, agricultural implements, forestry equipment and related
after-market parts and services. The Company, founded in 1969, has
approximately 4,230 employees and operates 30 plants in
North America, Europe, Australia and Brazil as of March
31, 2020. The corporate offices of Alamo Group Inc.
are located in Seguin, Texas.
Forward Looking Statements
This release contains
forward-looking statements that are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995. Forward-looking statements involve
known and unknown risks and uncertainties, which may cause the
Company's actual results in future periods to differ materially
from forecasted results. Among those factors which could cause
actual results to differ materially are the following: overall
market demand, continuing impacts from the COVID-19 pandemic
including more significant supply chain disruptions, further
reductions in customer demand, sales and profitability declines,
operational disruptions, full or partial facility closures, and
other similar impacts, competition, weather, seasonality,
currency-related issues, and other risk factors listed from time to
time in the Company's SEC reports. The Company
does not undertake any obligation to update the information
contained herein, which speaks only as of this date.
SOURCE Alamo Group Inc.