Astec Industries Declares Quarterly Dividend for Investors

Author: Olivia Taylor Updated: 02-24-2025 04:18 PM

Astec Industries Delivers Good News with Quarterly Dividend

Astec Industries, Inc. (NASDAQ: ASTE) recently made an announcement that is sure to please shareholders. The company declared a quarterly dividend of $0.13 per share. This thoughtful gesture reflects Astec’s dedication to rewarding its investors and ensures that they benefit from their continued support.

Understanding the Dividend Declaration

The dividend is scheduled to be paid to those shareholders who are on record as of the close of business on a specified date. This upcoming payment adds to the anticipation and excitement surrounding the firm’s ongoing initiatives to enhance shareholder value.

Details of the Upcoming Payment

For shareholders eager to receive their dividends, it's important to note that the payment will take place around the end of the month. This timeline allows each individual to plan accordingly to reap the benefits of their investment in Astec.

About Astec Industries

Astec is a reputable manufacturer specializing in equipment that facilitates asphalt road construction, aggregate processing, and concrete production. By focusing on quality and innovation, the company has established itself in the industry and continues to grow.

Business Segments of Astec

Astec operates through two primary segments: Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment covers all aspects of road building, including the manufacturing of asphalt and concrete plants, along with thermal and storage solutions. On the other hand, Materials Solutions focuses on the equipment used for aggregate processing.

Astec's Commitment to Shareholders

The recent dividend declaration is just one of the many ways Astec is committed to its shareholders. The company is continuously exploring avenues for growth while ensuring that those who invest can also share in its financial success.

Staying Connected With Astec

Astec encourages its stakeholders to stay informed about its products, innovations, and updates by visiting their official website. Engaging with their robust social media presence is another way to keep up with the latest news and developments.

Contact Information

For inquiries, investors can reach out to Stephen C. Anderson, Senior Vice President of Investor Relations, at sanderson@astecindustries.com or call +1 (423) 899-5898. Astec Industries is dedicated to maintaining open lines of communication with its investors.

Frequently Asked Questions

What is the amount of the quarterly dividend declared by Astec?

The quarterly dividend declared by Astec Industries is $0.13 per share.

When will the dividend be paid to shareholders?

The dividend is expected to be paid on or about March 31, 2025.

Who is eligible to receive the dividend?

Shareholders who are on record as of the close of business on March 10, 2025, will be eligible for the dividend.

What does Astec specialize in?

Astec specializes in manufacturing equipment for asphalt road building, aggregate processing, and concrete production, focusing on Infrastructure and Materials Solutions.

How can I contact Astec's investor relations?

You can contact Stephen C. Anderson at sanderson@astecindustries.com or call +1 (423) 899-5898 for any investor-related inquiries.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

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