Astec Announces Quarterly Dividend
Rhea-AI Summary
Astec Industries (NASDAQ: ASTE), a specialized equipment manufacturer for road building, aggregate processing, and concrete production, has announced a quarterly dividend of $0.13 per share.
The dividend will be paid on August 29, 2025, to shareholders of record as of August 11, 2025. The company operates through two main segments: Infrastructure Solutions, focusing on road building and asphalt/concrete plants, and Materials Solutions, specializing in aggregate processing equipment.
Positive
- Consistent dividend payment demonstrates financial stability
- Maintains shareholder returns through regular dividend distributions
Negative
- None.
News Market Reaction
On the day this news was published, ASTE declined 0.96%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
CHATTANOOGA, Tenn., July 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.
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Contact:
Stephen C. Anderson
Senior Vice President, Investor Relations
sanderson@astecindustries.com
+1 (423) 899-5898
www.astecindustries.com