Astec Industries declares quarterly dividend of $0.13 per share

CHATTANOOGA - Astec Industries, Inc. (NASDAQ:ASTE), a manufacturer of specialized equipment for asphalt road building, aggregate processing and concrete production, announced Monday that its Board of Directors has declared a quarterly dividend of $0.13 per share. The company, with a market capitalization of $926 million, has maintained consistent dividend payments for 14 consecutive years, according to InvestingPro data, offering investors a current dividend yield of 1.3%.

The dividend will be paid on or about August 29, 2025, to shareholders of record as of the close of business on August 11, 2025.

Astec Industries operates through two primary business segments: Infrastructure Solutions, which includes road building, asphalt and concrete plants, and thermal and storage solutions; and Materials Solutions, which encompasses the company’s aggregate processing equipment.

The announcement was made in a press release statement issued by the company. Investors seeking detailed analysis can access comprehensive financial metrics and Fair Value estimates through the InvestingPro Research Report, available as part of the platform’s coverage of over 1,400 US stocks.

In other recent news, Astec Industries Inc reported strong financial results for the first quarter of 2025, exceeding earnings expectations. The company achieved an earnings per share (EPS) of $0.88, surpassing the anticipated $0.52. Additionally, Astec recorded revenue of $329.4 million, which was higher than the forecasted $320.4 million. These results highlight the company’s robust performance in the early months of the year. The earnings surprise has caught the attention of analysts and investors alike. The positive financial performance is a key development for Astec, showcasing its ability to outperform market expectations. These recent developments are likely to influence future analyst ratings and investor sentiment.

Astec Industries declares quarterly dividend of $0.13 per share

Astec Industries, a manufacturer of asphalt and concrete equipment, announced a quarterly dividend of $0.13 per share, with payments scheduled for August 2025. The company, with a $926 million market cap, has paid dividends for 14 years, offering a 1.3% yield. It also reported strong Q1 2025 results, exceeding earnings expectations with $0.88 EPS and $329.4 million revenue.