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Astec Announces Quarterly Dividend

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Rhea-AI Sentiment
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Tags
dividends

Astec (NASDAQ: ASTE) has announced a quarterly dividend payment of $0.13 per share, scheduled for May 30, 2025. Shareholders must be on record by May 13, 2025, to receive this dividend.

The company specializes in manufacturing equipment across two main business segments:

  • Infrastructure Solutions: Focuses on road building equipment, asphalt and concrete plants, and thermal and storage solutions
  • Materials Solutions: Specializes in aggregate processing equipment

Astec maintains a strong digital presence across major social media platforms including LinkedIn, Facebook, Instagram, YouTube, and Twitter, where stakeholders can follow company updates and developments.

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Positive

  • Consistent dividend payment maintained at $0.13 per share
  • Diversified business model with two primary segments: Infrastructure Solutions and Materials Solutions
  • Strong market position in specialized equipment for asphalt road building, aggregate processing and concrete production

Negative

  • No dividend increase announced, maintaining previous level

News Market Reaction 1 Alert

+6.69% News Effect

On the day this news was published, ASTE gained 6.69%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

CHATTANOOGA, Tenn., April 28, 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 May 30, 2025, to shareholders of record as of the close of business on May 13, 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
Instagram  https://www.instagram.com/astec_industries/
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 (ASTE) pay its Q2 2025 dividend?

Astec (ASTE) will pay its quarterly dividend on May 30, 2025, to shareholders who are on record as of May 13, 2025.

How much is Astec's (ASTE) quarterly dividend payment in 2025?

Astec (ASTE) has declared a quarterly dividend of $0.13 per share for shareholders.

What is the ex-dividend date for Astec (ASTE) Q2 2025 dividend?

While the record date is May 13, 2025, the specific ex-dividend date is not mentioned in the press release. The ex-dividend date typically falls one business day before the record date.

What are Astec's (ASTE) main business segments in 2025?

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

How can investors contact Astec (ASTE) Investor Relations?

Investors can contact Stephen C. Anderson, Senior Vice President of Investor Relations, at sanderson@astecindustries.com or call +1 (423) 899-5898.
Astec Inds Inc

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1.06B
22.61M
1.19%
97.86%
2.22%
Farm & Heavy Construction Machinery
Construction Machinery & Equip
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United States
CHATTANOOGA