As of today (2024-04-26), the Trailing Annual Dividend Yield of Astec Industries is 1.23%.
The historical rank and industry rank for Astec Industries's Dividend Yield % or its related term are showing as below:
ASTE'
s Dividend Yield % Range Over the Past 10 Years
Min: 0.27 Med: 0.95 Max: 1.67
Current: 1.23
During the past 13 years, the highest Dividend Yield of Astec Industries was 1.67%. The lowest was 0.27%. And the median was 0.95%.
ASTE's Dividend Yield % is ranked worse than 74.24% of 132
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 2.075
vs ASTE: 1.23
During the past 12 months, Astec Industries's average Dividends Per Share Growth Rate was 6.10% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 5.70% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 4.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 3.90% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Astec Industries was 10.10% per year. The lowest was 1.60% per year. And the median was 3.20% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Astec Industries Dividend Yield % Historical Data
The historical data trend for Astec Industries's Dividend Yield % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Astec Industries's Dividend Yield %
For the Farm & Heavy Construction Machinery subindustry, Astec Industries's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Astec Industries's Dividend Yield % Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Astec Industries's Dividend Yield % falls into.
Astec Industries Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Astec Industries Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.130
2024-03-08
2024-03-11
2024-03-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.130
2023-11-09
2023-11-10
2023-12-01
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.130
2023-08-10
2023-08-11
2023-08-31
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.130
2023-05-11
2023-05-12
2023-05-30
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Astec Industries's Trailing Annual Dividend Yield (%) for Today is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Thank you for viewing the detailed overview of Astec Industries's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Astec Industries (Astec Industries) Business Description
Astec Industries Inc designs and manufactures equipment and components used primarily in road construction and other development activities. Its products are used through the entire process of building roads, from mining and crushing materials to creating the road surface. The company manufactures a line of plants, pavers, vehicles, and machines to mix and transform materials into construction components. It has two operating segments: infrastructure solutions and materials solutions. The majority of sales are derived from the United States. Its customers are asphalt producers, highway and heavy equipment contractors, ready mix concrete producers, demolition recycling markets, sand and gravel producers, open mine operators, quarry operators, and others.
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