SEGUIN,
Texas, April 4, 2022 /PRNewswire/ -- Alamo Group
Inc. (NYSE: ALG) announced today that its Board of Directors has
declared its quarterly cash dividend of $0.18 per share, payable May 2, 2022 to shareholders of record at the
close of business on April 18,
2022.
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 4,200
employees and operates 29 plants in North
America, Europe,
Australia and Brazil as of December
31, 2021. 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.
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SOURCE Alamo Group Inc.