Astec Industries Inc (ASTE)
Astec Industries Inc (ASTE) is a manufacturer of equipment and components used in the construction and mining industries. Founded in 1972, the company offers a diversified product portfolio including asphalt plant equipment, aggregate processing machinery, and other infrastructure-related solutions. Astec serves markets worldwide, providing technology and machinery to support the production of infrastructure materials such as asphalt and aggregates.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| August 29, 2025 | $0.13 | 2025-08-11 | 2025-08-11 |
| May 30, 2025 | $0.13 | 2025-05-13 | 2025-05-13 |
| March 31, 2025 | $0.13 | 2025-03-10 | 2025-03-10 |
| November 27, 2024 | $0.13 | 2024-11-13 | 2024-11-13 |
| August 30, 2024 | $0.13 | 2024-08-12 | 2024-08-12 |
Dividends Summary
- Astec Industries Inc has issued 51 dividend payments over the past 13 years
- The most recent dividend was paid 54 days ago, on August 29, 2025
- The highest dividend payed out to investors during this period was $1.00 per share
- The average dividend paid during this period was $0.13 per share.
Company News
Astec Industries reported Q2 2025 earnings with improved profitability and cash flow, despite declining revenue. The company beat non-GAAP EPS expectations and completed the TerraSource acquisition, while experiencing softened demand in infrastructure equipment.
Astec Industries announced a quarterly dividend of $0.13 per share, to be paid on August 29, 2025, to shareholders of record as of August 11, 2025.
The global heavy construction equipment market is expected to grow to $277.45 billion by 2029, driven by government investments in infrastructure, advancements in technology, and a focus on sustainable construction practices.
Investors need to pay close attention to Astec (ASTE) stock based on the movements in the options market lately.
Shares of Vulcan Materials Co. and Caterpillar Inc. surged in premarket trading Monday, as the passage of the $1.2 trillion infrastructure bill, finally, prompted a rallying cry from investors of aggregates and construction materials companies.
