Astec Announces Quarterly Dividend

Astec Industries (NASDAQ: ASTE) has announced a quarterly dividend of $0.13 per share, payable on November 27, 2024, to shareholders of record as of November 13, 2024.

Rhea-AI Summary

Astec Industries (NASDAQ: ASTE) has announced a quarterly dividend of $0.13 per share, payable on November 27, 2024, to shareholders of record as of November 13, 2024. The company specializes in manufacturing equipment for asphalt road building, aggregate processing, and concrete production. Astec operates through two main business segments: Infrastructure Solutions, focusing on road building and asphalt/concrete plants, and Materials Solutions, which handles aggregate processing equipment.

Positive

• Consistent dividend payment indicating financial stability
• Maintains shareholder returns through quarterly dividend program

Negative

• None.

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News Market Reaction – ASTE

In the trading session that priced this news, ASTE gained 1.97%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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CHATTANOOGA, Tenn., Oct. 24, 2024 (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 November 27, 2024 to shareholders of record as of the close of business on November 13, 2024.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Astec Industries' (ASTE) dividend amount for Q4 2024?

Astec Industries (ASTE) declared a quarterly dividend of $0.13 per share for Q4 2024.

When is Astec Industries' (ASTE) next dividend payment date?

Astec Industries' dividend will be paid on November 27, 2024, to shareholders of record as of November 13, 2024.

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

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