CSIMarket
 


Astec Industries Inc   (ASTE)
Other Ticker:  
 

 

ASTE's Dividend Pay out ratio over the 12 Months Period

Cumulative by Quarter, Trailing twelve months


Due to increase in earnings per share in the forth quarter 2023, Astec Industries Inc 's 12 Months dividend pay out ratio sequentially decreased to 35.19% in the fourth quarter 2023, unsurprisingly, as the Astec Industries Inc earnings continue to rise, and the pay out ratio remains below ASTE's average, the question arises, if Astec Industries Inc will increase the dividend soon.

Within Capital Goods sector 32 other companies have achieved higher 12 Months dividend pay out ratio. While in terms of ranking among all other companies, the company has moved form 237 in the third quarter 2023, to 509.


Dividend in Glossary



Cumulative Dividend Pay out Ratio IV. Quarter
(Dec 31 2023)
III. Quarter
(Sep 30 2023)
II. Quarter
(Jun 30 2023)
I. Quarter
(Mar 31 2023)
IV. Quarter
(Dec 31 2022)
ASTE's Pay out Ratio (TTM) 35.19 % 67.02 % 46.54 % 143.38 % -12047.3 %
ASTE's Dividend Pay out Ratio Total Ranking # 509 # 237 # 533 # 0 # 0

  News about Astec Industries Inc Dividends

Astec Industries, Inc. Declares Quarterly Dividend Amidst Ongoing Growth and Profitability



In a significant move that underscores its commitment to shareholders, Astec Industries, Inc. (NASDAQ:ASTE), a leading global provider of specialized equipment for industries like infrastructure, energy, and mining, has announced the declaration of a quarterly dividend. The Board of Directors has approved a dividend payout of $0.13 per share, reflecting the company's financial strength and robust earnings performance. This announcement comes as Astec Industries continues to exhibit impressive growth and profitability, positioning itself as a reliable investment option for both current and prospective shareholders.
Astec Industries' Quarterly Dividend
The quarterly dividend of $0.13 per share announced by Astec Industries is a testament to the company's stable financial position and consistent efforts to reward shareholders. This move signifies management's confidence in the company's ability to generate cash flows and maintain reliable dividends. Shareholders of record as of the close of business on March 11, 2024, will be entitled to receive the dividend payment, which is expected to be made on or about March 29, 2024.


ASTE's Dividend Pay out Ratio Company Ranking
Within: No.
Construction & Mining Machinery Industry # 2
Capital Goods Sector # 33
S&P 500 # 509

Dividend Pay out Ratio Statistics
High Average Low
1047.5 % 74.41 % 16.7 %
(Mar 31 2019)   (Dec 31 2016)



Other Dividend Ratios
Highest Ranking Dividend Yield
Lowest Ranking Dividend Yield
Annual Dividend Pay out for ASTE
ASTE's Dividend Yield




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com