SEGUIN,
Texas, July 1, 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 Aug 1, 2022 to shareholders of record at the
close of business on July 18,
2022.
About Alamo Group
Alamo Group is a leader in the design, manufacture, distribution
and service of high quality equipment for vegetation management,
infrastructure maintenance 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 4,300 employees and operates 29 plants in
North America, Europe, Australia and Brazil as of March
31, 2022. 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, reductions in
customer demand, sales and profitability declines, operational
disruptions, full or partial facility closures, and other similar
impacts, geopolitical risks, including effects of the war in
Ukraine, inflation, 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.