The quarterly payout will go to shareholders of record at the close of business on Aug. 10, as the equipment manufacturer outlines its infrastructure and materials-focused operating segments.
Astec Industries said its board declared a quarterly dividend of $0.13 per share. The dividend is scheduled to be paid on or about Aug. 28, 2026, to shareholders of record as of the close of business on Aug. 10, 2026. Astec, which trades on Nasdaq under the ticker ASTE, manufactures specialized equipment for asphalt road building, aggregate processing and concrete production. The company said its operations are organized into two main segments: Infrastructure Solutions, which includes road building, asphalt and concrete plants, thermal and storage solutions, and Materials Solutions, which includes aggregate processing equipment. Astec also said it operates a controls and automation product line aimed at improving productivity through better equipment performance.