Astec Industries declares a quarterly dividend of $0.13 per share, payable May 29, 2026, to eligible shareholders.
Quiver AI Summary
Astec Industries, Inc. announced a quarterly dividend of $0.13 per share, set to be paid on or around May 29, 2026, to shareholders on record as of May 13, 2026. The company, based in Chattanooga, Tennessee, specializes in manufacturing equipment for asphalt road building, aggregate processing, and concrete production. Its operations consist of two main segments: Infrastructure Solutions, which encompasses road building and thermal solutions, and Materials Solutions, which includes aggregate processing equipment. For more information, visit their website or follow them on social media.
Potential Positives
- Quarterly dividend of $0.13 per share demonstrates financial stability and commitment to returning value to shareholders.
- The declaration of a dividend may attract new investors looking for income-generating investments.
- Payment of the dividend reinforces the company’s solid financial position and operational cash flow.
Potential Negatives
- The declared quarterly dividend of $0.13 per share may be perceived as low, potentially signaling limited growth or profitability to investors.
- The announcement focuses primarily on the dividend with little information about the company's financial performance or future outlook, which could raise concerns among stakeholders regarding transparency and growth strategy.
- There is a lack of detailed information on recent business developments or market conditions, which may leave investors uncertain about the company's competitive position in the industry.
FAQ
What is the latest dividend announced by Astec Industries?
Astec Industries announced a quarterly dividend of $0.13 per share.
When will the dividend be paid to shareholders?
The dividend is scheduled to be paid on or about May 29, 2026.
What is the record date for Astec's dividend payment?
Shareholders must be on record as of May 13, 2026, to receive the dividend.
What products does Astec Industries manufacture?
Astec manufactures specialized equipment for asphalt road building, aggregate processing, and concrete production.
Where can I find more information about Astec Industries?
More information is available on Astec's website at www.astecindustries.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ASTE Insider Trading Activity
$ASTE insiders have traded $ASTE stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $ASTE stock by insiders over the last 6 months:
- EDWARD TERRELL JR GILBERT (GC & CORPORATE SECRETARY) sold 975 shares for an estimated $59,543
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.
$ASTE Revenue
$ASTE had revenues of $400.6M in Q4 2025. This is an increase of 11.59% from the same period in the prior year.
You can track ASTE financials on Quiver Quantitative's ASTE stock page.
$ASTE Hedge Fund Activity
We have seen 99 institutional investors add shares of $ASTE stock to their portfolio, and 103 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- VICTORY CAPITAL MANAGEMENT INC removed 1,021,430 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $44,248,347
- MILLENNIUM MANAGEMENT LLC added 203,911 shares (+142.3%) to their portfolio in Q4 2025, for an estimated $8,833,424
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 159,797 shares (-75.4%) from their portfolio in Q4 2025, for an estimated $6,922,406
- QUBE RESEARCH & TECHNOLOGIES LTD added 154,460 shares (+112.7%) to their portfolio in Q4 2025, for an estimated $6,691,207
- HILLSDALE INVESTMENT MANAGEMENT INC. removed 150,235 shares (-99.7%) from their portfolio in Q4 2025, for an estimated $6,508,180
- AMERIPRISE FINANCIAL INC added 136,863 shares (+143.7%) to their portfolio in Q4 2025, for an estimated $5,928,905
- INTERVAL PARTNERS, LP removed 127,701 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $5,532,007
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.
Full Release
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.
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
[email protected]
+1 (423) 899-5898
www.astecindustries.com
