Astec Announces Quarterly Dividend

Rhea-AI Summary

Astec Industries (NASDAQ: ASTE) has announced a quarterly dividend payment of $0.13 per share, as declared by its Board of Directors. The dividend will be paid on March 31, 2025, to shareholders of record as of March 10, 2025.

Astec specializes in manufacturing equipment for asphalt road building, aggregate processing, and concrete production. The company operates through two main business segments: Infrastructure Solutions, which focuses on road building, asphalt and concrete plants, and thermal and storage solutions; and Materials Solutions, which handles aggregate processing equipment.

Positive

• Consistent dividend payment maintained at $0.13 per share
• Diversified business model with two distinct operational segments

Negative

• None.

CHATTANOOGA, Tenn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ: ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on or about March 31, 2025, to shareholders of record as of the close of business on March 10, 2025.

About ASTEC

Astec 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/
Facebook https://www.facebook.com/astecindustries
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YouTube https://www.youtube.com/@astec6306/featured
Twitter @astecindustries

Contact:
Stephen C. Anderson
Senior Vice President, Investor Relations
sanderson@astecindustries.com
+1 (423) 899-5898
www.astecindustries.com

FAQ

When will Astec Industries (ASTE) pay its next dividend?

Astec Industries will pay its quarterly dividend of $0.13 per share on March 31, 2025.

What is the record date for Astec's (ASTE) Q1 2025 dividend?

The record date for Astec's Q1 2025 dividend is March 10, 2025.

How much is Astec Industries' (ASTE) quarterly dividend payment?

Astec Industries' quarterly dividend payment is $0.13 per share.

What are the main business segments of Astec Industries (ASTE)?

Astec Industries operates through two main segments: Infrastructure Solutions (road building, asphalt and concrete plants, thermal and storage solutions) and Materials Solutions (aggregate processing equipment).