Astec Industries (Astec Industries) Dividend Payout Ratio : 0.14 (As of Dec. 2023)

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What is Astec Industries Dividend Payout Ratio?

Astec Industries's dividend payout ratio for the months ended in Dec. 2023 was 0.14.

The historical rank and industry rank for Astec Industries's Dividend Payout Ratio or its related term are showing as below:

ASTE' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17 Med: 0.29 Max: 1.32
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Astec Industries was 1.32. The lowest was 0.17. And the median was 0.29.

ASTE's Dividend Payout Ratio is ranked better than
54.1% of 122 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.23 vs ASTE: 0.22

As of today (2024-04-28), the Dividend Yield % of Astec Industries is 1.22%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Astec Industries was 1.67%. The lowest was 0.27%. And the median was 0.95%.

Astec Industries's Dividends per Share for the months ended in Dec. 2023 was $0.13.

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 Payout Ratio Historical Data

The historical data trend for Astec Industries's Dividend Payout Ratio 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.

* Premium members only.

Astec Industries Dividend Payout Ratio Chart

Astec Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.40

0.20

0.46

1.32

0.32

Astec Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.38	0.20	0.15	-	0.14

Competitive Comparison of Astec Industries's Dividend Payout Ratio

For the Farm & Heavy Construction Machinery subindustry, Astec Industries's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Astec Industries's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Astec Industries's Dividend Payout Ratio falls into.

Astec Industries Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Astec Industries's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.52	/	1.639
	=	0.32

Astec Industries's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.13	/	0.9
	=	0.14

Astec Industries (NAS:ASTE) Dividend Payout Ratio Explanation

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.

Astec Industries Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Astec Industries's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Astec Industries (Astec Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Astec Industries Inc (NAS:ASTE) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

AI2:Germany

Address

1725 Shepherd Road, Chattanooga, TN, USA, 37421

Website

https://www.astecindustries.com

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.

Executives

Winford James Murphy Jr	director	213 NORMANDIE DRIVE, OPELOUSAS LA 70570
Barend Snyman	officer: Group President	3906 LOBLOLLY LANE, VALDOSTA GA 31601
Nalin Jain	director	30 ISABELLA ST., PITTSBURGH PA 15212
Westinghouse Air Brake Technologies Corp	director	30 ISABELLA STREET, PITTSBURGH PA 15212
Mark Joseph Gliebe	director	200 STATE STREET, BELOIT WI 53511
Linda I. Knoll	director	5800 KNOB HILL CR, CLARKSON TN 48348
Litchfield Matthew T Sr	officer: Chief Information Officer	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Timothy A Averkamp	officer: Group President	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Merwe Jaco Van Der	officer: Group President	1725 SHEPHERD RD, CHATTANOOGA TN 37421
Anshu Pasricha	officer: GC and Corp Secretary	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Mary L Howell	director	1101 PENNSYLVANIA AVE STE 400, WASHINGTON DC 20004
Tracey H Cook	director	1725 SHEPHERD RD, CHATTANOOGA TN 37421
William Bradley Southern	director	1610 WEST END AVENUE, NASHVILLE TN 37203
James B Baker	director	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
William Glenwood Dorey	director	PO BOX 50085, WATSONVILLE CA 95077-5085