Astec Announces Dividend Increase of 8.3%
Astec Industries (NASDAQ:ASTE) declared a quarterly dividend of $0.13 per share, payable on December 2, 2022, to shareholders of record by November 14, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Astec Industries (NASDAQ:ASTE) declared a quarterly dividend of $0.13 per share, payable on December 2, 2022, to shareholders of record by November 14, 2022. The company operates in the manufacturing of specialized equipment for asphalt road building, aggregate processing, and concrete production. Its two main segments are Infrastructure Solutions and Materials Solutions.
Positive
- Declared a quarterly dividend of $0.13 per share, reflecting commitment to shareholder returns.
Negative
- None.
Details
News Market Reaction – ASTE
The recorded move for ASTE in the trading session of this news was +3.95%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHATTANOOGA, Tenn., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of
About ASTEC
Astec, (www.astecindustries.com), is a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production. Astec's manufacturing operations are divided into two primary business segments: Infrastructure Solutions that includes road building, asphalt and concrete plants, thermal and storage solutions; and Materials Solutions that includes our aggregate processing equipment.
For more information, visit astecindustries.com and follow us on social media.
LinkedIn https://www.linkedin.com/company/astecindustries/
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https://www.youtube.com/channel/UCLev7VW5fjiq-2IfVXnM9SQ/about
Twitter @astecindustries
Contact:
Stephen C. Anderson
Senior Vice President, Investor Relations
sanderson@astecindustries.com
+1 (423) 899-5898
www.astecindustries.com
FAQ
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