Astec Announces Dividend Increase of 8.3%
Astec Industries (NASDAQ:ASTE) declared a quarterly dividend of $0.13 per share, payable on December 2, 2022, to shareholders of record by November 14, 2022. The company operates in the manufacturing of specialized equipment for asphalt road building, aggregate processing, and concrete production. Its two main segments are Infrastructure Solutions and Materials Solutions.
- Declared a quarterly dividend of $0.13 per share, reflecting commitment to shareholder returns.
- None.
CHATTANOOGA, Tenn., Oct. 27, 2022 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of
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 includes our aggregate processing equipment.
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Contact:
Stephen C. Anderson
Senior Vice President, Investor Relations
sanderson@astecindustries.com
+1 (423) 899-5898
www.astecindustries.com
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