Astec Announces Quarterly Dividend

CHATTANOOGA, Tenn., April 26, 2023 (GLOBE NEWSWIRE) -- Astec Industries, Inc. (NASDAQ:ASTE) announced that its Board of Directors declared a quarterly dividend of $0.13 per share. The dividend is to be paid on May 30, 2023 to shareholders of record as of the close of business on May 12, 2023.

About ASTEC

Astec 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 VP, Investor Relations
sanderson@astecindustries.com
+1 (423) 899-5898
www.astecindustries.com