Astec Industries, Inc. designs, engineers, manufactures, and markets equipment and components used primarily in road building and related construction activities in the United States and internationally. The company operates in two segments, Infrastructure Solutions and Materials Solutions. The Infrastructure Solutions segment offers asphalt plants and related components, heaters, concrete dust control systems, asphalt pavers, vaporizers, concrete material handling systems, screeds, heat recovery units, paste back-fill plants, asphalt storage tanks, hot oil heaters, bagging plants, fuel storage tanks, industrial and asphalt burners and systems, custom batch plants, material transfer vehicles, soil stabilizing-reclaiming machinery, blower trucks and trailers, milling machines, soil remediation plants, wood chippers and grinders, pump trailers, concrete batch plants, control systems, liquid terminals, storage equipment and related parts, construction and retrofits, polymer plants, and concrete mixers, as well as engineering and environmental permitting services. This segment provides its products to asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, contractors in the construction and demolition recycling markets, and governmental agencies. The Materials Solutions segment designs and manufactures crushing equipment, mobile plants, bulk material handling solutions, vibrating equipment, screening equipment, electrical control centers, modular plants and systems, conveying equipment, plant automation products, portable plants, and mineral processing equipment, as well as offers consulting and engineering services. Astec Industries, Inc. was incorporated in 1972 and is headquartered in Chattanooga, Tennessee.
Astec Industries Dividend Announcement
• Astec Industries announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-11-27. Ex dividend date: 2024-11-13
• Astec Industries annual dividend for 2024 was $0.52
• Astec Industries annual dividend for 2023 was $0.52
• Astec Industries's trailing twelve-month (TTM) dividend yield is 1.34%
• Astec Industries's payout ratio for the trailing twelve months (TTM) is -621.05%
• Astec Industries's dividend growth over the last five years (2018-2023) was 4.36% year
• Astec Industries's dividend growth over the last ten years (2013-2023) was 5.65% year
Astec Industries Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-13 | $0.13 | quarterly | 2024-11-27 |
2024-08-12 | $0.13 | quarterly | 2024-08-30 |
2024-05-10 | $0.13 | quarterly | 2024-05-31 |
2024-03-08 | $0.13 | quarterly | 2024-03-29 |
2023-11-09 | $0.13 | quarterly | 2023-12-01 |
2023-08-10 | $0.13 | quarterly | 2023-08-31 |
2023-05-11 | $0.13 | quarterly | 2023-05-30 |
2023-03-09 | $0.13 | quarterly | 2023-03-30 |
2022-11-10 | $0.13 | quarterly | 2022-12-02 |
2022-08-11 | $0.12 | quarterly | 2022-08-29 |
2022-05-12 | $0.12 | quarterly | 2022-05-27 |
2022-03-09 | $0.12 | quarterly | 2022-03-31 |
2021-11-09 | $0.12 | quarterly | 2021-12-02 |
2021-08-10 | $0.11 | quarterly | 2021-08-31 |
2021-05-10 | $0.11 | quarterly | 2021-05-27 |
2021-03-10 | $0.11 | quarterly | 2021-03-30 |
2020-11-12 | $0.11 | quarterly | 2020-11-27 |
2020-08-28 | $0.11 | quarterly | 2020-09-10 |
2020-08-12 | $0.11 | quarterly | 2020-08-27 |
2020-05-13 | $0.11 | quarterly | 2020-05-28 |
2020-03-11 | $0.11 | quarterly | 2020-03-30 |
2019-11-07 | $0.11 | quarterly | 2019-11-27 |
2019-08-09 | $0.11 | quarterly | 2019-08-29 |
2019-05-13 | $0.11 | quarterly | 2019-05-30 |
2019-03-11 | $0.11 | quarterly | 2019-03-29 |
2018-11-09 | $0.11 | quarterly | 2018-11-28 |
2018-08-10 | $0.11 | quarterly | 2018-08-30 |
2018-05-11 | $0.10 | quarterly | 2018-05-30 |
2018-03-09 | $0.10 | quarterly | 2018-03-29 |
2017-11-10 | $0.10 | quarterly | 2017-11-29 |
2017-08-09 | $0.10 | quarterly | 2017-08-29 |
2017-05-09 | $0.10 | quarterly | 2017-05-26 |
2017-03-08 | $0.10 | quarterly | 2017-03-28 |
2016-11-08 | $0.10 | quarterly | 2016-11-28 |
2016-08-09 | $0.10 | quarterly | 2016-08-29 |
2016-05-09 | $0.10 | quarterly | 2016-05-27 |
2016-03-08 | $0.10 | quarterly | 2016-03-28 |
2015-11-06 | $0.10 | quarterly | 2015-11-25 |
2015-08-07 | $0.10 | quarterly | 2015-08-28 |
2015-05-08 | $0.10 | quarterly | 2015-05-28 |
2015-03-06 | $0.10 | quarterly | 2015-03-27 |
2014-11-06 | $0.10 | quarterly | 2014-11-28 |
2014-08-08 | $0.10 | quarterly | 2014-08-29 |
2014-05-08 | $0.10 | quarterly | 2014-05-29 |
2014-03-06 | $0.10 | quarterly | 2014-03-25 |
2013-11-07 | $0.10 | quarterly | 2013-11-29 |
2013-08-09 | $0.10 | quarterly | 2013-08-30 |
2013-05-09 | $0.10 | quarterly | 2013-05-30 |
Astec Industries Dividend per year
Astec Industries Dividend growth
Astec Industries Dividend Yield
Astec Industries current trailing twelve-month (TTM) dividend yield is 1.34%. Interested in purchasing Astec Industries stock? Use our calculator to estimate your expected dividend yield:
Astec Industries Financial Ratios
Astec Industries Dividend FAQ
Other factors to consider when evaluating Astec Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Astec Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Astec Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Astec Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Astec Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Astec Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Astec Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Astec Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Astec Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Astec Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.