Alamo Group Hikes Dividend By 12.5% To 9 Cents a Share

By Sue ChangMarketWatch Pulse

Alamo Group Inc. said late Monday its board raised the quarterly dividend by 12.5% to 9 cents a share from 8 cents a share. The dividend will be paid on Jan. 29 to shareholders of record at the close of business on Jan 15. Shares of Alamo were up 2.2% in after-hours trading.

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