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 1.61%
• Astec Industries's payout ratio for the trailing twelve months (TTM) is -513.04%
• 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 1.61%. Interested in purchasing Astec Industries stock? Use our calculator to estimate your expected dividend yield:
Astec Industries Financial Ratios
P/E ratio-320.84
PEG ratio-148.87
P/B ratio1.17
ROE-0.36%
Payout ratio-513.04%
Current ratio2.49
Quick ratio1.03
Cash Ratio0.20
Astec Industries Dividend FAQ
How much is the next Astec Industries dividend?
Astec Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Astec Industries dividend. The next Astec Industries dividend will be released in March, May, August, or November.
When is Astec Industries dividend paid?
Astec Industries pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Astec Industries pay?
The specific amount of Astec Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Astec Industries's dividend history.
Does Astec Industries stock pay dividends?
Yes, Astec Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Astec Industries's dividend history.
How much dividend does Astec Industries pay?
Astec Industries paid $0.52 in 2024, $0.52 in 2023, $0.49 in 2022, $0.45 in 2021, and $0.55 in 2020.
How often does Astec Industries pay dividends?
Astec Industries typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Astec Industries's dividend yield?
The current dividend yield for Astec Industries is 1.61%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Astec Industries's exact dividend yield.
When does Astec Industries go ex dividend?
Astec Industries's ex-dividend date for the latest dividend was on 2024-11-13. Astec Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Astec Industries dividend paid?
Astec Industries pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Astec Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Astec Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Astec Industries dividend per share?
Astec Industries paid $0.52 per share in 2024 and $0.52 per share in 2023. The amount of dividend per share that Astec Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Astec Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Astec Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Astec Industries a dividend stock?
Yes, Astec Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Astec Industries a good dividend stock?
Whether Astec Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Astec Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Astec Industries pay dividends monthly?
Astec Industries typically pays dividends on a quarterly basis.
Does Astec Industries pay dividends quarterly?
Astec Industries currently pays dividends on a quarterly basis.
Has Astec Industries ever paid a dividend?
Yes, Astec Industries has a history of paying dividends to its shareholders. Astec Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Astec Industries dividend stocks?
To buy Astec Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Astec Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Astec Industries stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Astec Industries pay dividends 2024?
Astec Industries pays dividends on a quarterly basis. 2024 dividend payments are in 2024-11-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Astec Industries increase its dividend in 2024?
Decisions regarding Astec Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Astec Industries dividend overview you can look into the above table of dividend history.
How Astec Industries dividend works?
The Astec Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Astec Industries's dividend process works:
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. 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.
How are Astec Industries dividends paid?
Astec Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Astec Industries pay dividends?
Astec Industries typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Astec Industries pay dividends?
The general pattern is that Astec Industries pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Astec Industries dividend safe?
The safety of Astec Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.