Astec Announces Quarterly Dividend
Astec Industries (NASDAQ: ASTE) declared a quarterly cash dividend of $0.13 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Astec Industries (NASDAQ: ASTE) declared a quarterly cash dividend of $0.13 per share. The dividend is payable on or about March 31, 2026 to shareholders of record at the close of business on March 9, 2026.
Astec manufactures specialized equipment for asphalt road building, aggregate processing and concrete production, organized into Infrastructure Solutions and Materials Solutions segments.
Positive
- $0.13 per share quarterly dividend declared
- Dividend payable on or about March 31, 2026
- Record date set for March 9, 2026 enabling predictable shareholder payment timing
Negative
- Dividend represents a fixed $0.13 per share cash outflow for the company
Details
News Market Reaction – ASTE
On Feb 24, the first trading day after this news, ASTE closed 1.04% above the previous close.
Data tracked by StockTitan Argus for the Feb 24 session.
AI-generated analysis. How Rhea-AI works. Not financial advice.
CHATTANOOGA, Tenn., Feb. 23, 2026 (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
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
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