Astec Announces Quarterly Dividend
Rhea-AI Summary
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.
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
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
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