Alamo Group is engaged in the design, manufacture and servicing of vegetation management and infrastructure maintenance equipment for governmental, industrial and agricultural use. Co.'s products include tractor mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, and forestry/wood recycling equipment. Co.'s segments are: the Vegetation Management Division, which includes agricultural operations and mowing and forestry/tree care operations; and the Industrial Equipment Division, which includes vocational truck business and other industrial operations such as excavators, vacuum trucks, street sweepers, and snow removal equipment. The ALG stock yearly return is shown above.
The yearly return on the ALG stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2023 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the ALG annual return calculation with any dividends reinvested as applicable (on ex-dates).
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