Astec Announces Quarterly Dividend

Rhea-AI Summary

Astec (NASDAQ: ASTE) announced a quarterly dividend of $0.13 per share, payable on or about May 29, 2026, to shareholders of record at the close of business on May 13, 2026.

The company designs and manufactures equipment for asphalt road building, aggregate processing and concrete production across two business segments: Infrastructure Solutions and Materials Solutions.

Positive

• Quarterly dividend of $0.13 per share declared
• Dividend payable on or about May 29, 2026 to holders of record May 13, 2026
• Direct cash return to shareholders via regular dividend distribution

Negative

• Company did not provide forward dividend guidance or commentary on sustainability of the payout

CHATTANOOGA, Tenn., April 27, 2026 (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 29, 2026, to shareholders of record as of the close of business on May 13, 2026.

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.

About Astec

Astec, (www.astecindustries.com), 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 include our aggregate processing equipment. Astec also operates a line of controls and automation products designed to deliver enhanced productivity through improved equipment performance.

For more information, visit astecindustries.com and follow us on social media.

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Twitter @astecindustries

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

FAQ

What dividend did Astec (ASTE) declare on April 27, 2026?

Astec declared a quarterly dividend of $0.13 per share. According to the company, the dividend will be paid on or about May 29, 2026 to shareholders of record May 13, 2026.

When is the ASTE dividend record date and payment date for the April 2026 declaration?

The record date for the ASTE dividend is May 13, 2026 and the payment date is on or about May 29, 2026. According to the company, shareholders of record at close of business May 13 will receive the payment.

How much will Astec (ASTE) pay per share for the May 2026 dividend?

Astec will pay $0.13 per share for the declared quarterly dividend. According to the company, this amount applies to shares held as of the May 13, 2026 record date.

Does Astec (ASTE) provide guidance on future dividend sustainability or increases?

The announcement does not include forward dividend guidance or commentary on sustainability. According to the company, only the $0.13 per share dividend and payment timing were declared for this quarter.

How does the Astec (ASTE) dividend affect shareholders who buy shares after May 13, 2026?

Shares purchased after the May 13, 2026 record date will not receive the May 29 dividend. According to the company, only shareholders of record at close of business May 13 are eligible for the payment.