Astec Industries, Inc. (ASTE) Dividends

Astec Industries, Inc. (ASTE)

Today's Latest Price: $59.23 USD

0.33 (0.56%)

Updated Nov 25 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 61 in Industrial - Machinery

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • The stock's free cash flow/dividend ratio, potentially useful for understanding its ability to make dividend payments, comes in at -11.9 -- higher than merely 8.82% of other dividend issuers in the US.
  • ASTE has an EBITDA to net debt ratio of 26,462,000; for context, that's better than 86.28% stocks in our set (note that its net debt is negative, meaning it has more cash than debt).
  • Free cash flow for ASTE has a compound average growth rate of -28.75%, which is higher than only 20.08% of stocks in our dividend set.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with ASTE's price: TFSL, IFF, TCFC, SFNC and PLYM.
ASTE Ex-Dividend Date
ASTE Dividend Yield
0.74%
ASTE Annual Dividend
$0.44
ASTE Payout Ratio

ASTE Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$59.23$17.29 -69.23%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for ASTE, the DDM model, as implemented by StockNews, implies a negative return of 69.23% relative to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Astec Industries Inc are:

  • Compared to other US stocks that pay a dividend, Astec Industries Inc's dividend yield of 0.78% is in the bottom 11.04%.
  • In comparison to other stocks in the small-sized revenue class, it has a discount rate lower than 14.15% of dividend issuing stocks in its revenue class.
  • ASTE's market cap of approximately $1 billion makes it a small-sized market cap company; out of dividend issuers in this group, the investment opportunity based on the difference between its current share price and its forecasted DDM value is greater than merely 15.36% of them.

ASTE Dividend Chart


ASTE Dividend History

Ex-Dividend Date Type Payout Amount Change
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ASTE Dividends vs. Peers

ASTE's dividend yield currently ranks #28 of 63 vs. its peers in the Industrial - Machinery category.
Rank Symbol Name Dividend Yield
1 CYD China Yuchai International Limited 4.96%
2 POWL Powell Industries, Inc. 3.78%
3 MMM 3M Company 3.32%
4 LXFR Luxfer Holdings PLC Ordinary Shares 3.10%
5 CR Crane Co. 2.39%
6 ETN Eaton Corporation, PLC Ordinary Shares 2.39%
7 CAT Caterpillar, Inc. 2.36%
8 FLS Flowserve Corporation 2.27%
9 ITW Illinois Tool Works Inc. 2.16%
10 RAVN Raven Industries, Inc. 2.00%
11 ABB ABB Ltd 1.96%
12 AOS A.O. Smith Corporation 1.84%
13 GRC Gorman-Rupp Company (The) 1.80%
14 LECO Lincoln Electric Holdings, Inc. 1.72%
15 ROK Rockwell Automation, Inc. 1.67%
16 DOV Dover Corporation 1.60%
17 DCI Donaldson Company, Inc. 1.55%
18 AZZ AZZ Inc. 1.53%
19 TNC Tennant Company 1.26%
20 OTIS Otis Worldwide Corp. 1.19%
21 DE Deere & Company 1.19%
22 LII Lennox International, Inc. 1.07%
23 IEX IDEX Corporation 1.04%
24 GGG Graco Inc. 1.03%
25 RBC Regal Beloit Corporation 0.98%
26 ITT ITT Inc. 0.91%
27 NDSN Nordson Corporation 0.77%
28 ASTE Astec Industries, Inc. 0.74%
29 CMCO Columbus McKinnon Corporation 0.63%
30 AME AMETEK, Inc. 0.60%
31 CW Curtiss-Wright Corporation 0.56%
32 ROP Roper Technologies, Inc. 0.49%
33 ALG Alamo Group, Inc. 0.38%
34 JBT John Bean Technologies Corporation 0.35%
35 DHR Danaher Corporation 0.33%
36 CGNX Cognex Corporation 0.33%
37 ATU Actuant Corporation 0.18%
38 HDNG Hardinge Inc. 0.11%
39 TAYD Taylor Devices, Inc. 0.00%
40 GDI Gardner Denver Holdings, Inc. 0.00%
41 CFX Colfax Corporation 0.00%
42 THR Thermon Group Holdings, Inc. 0.00%
43 GENC Gencor Industries Inc. 0.00%
44 CPST Capstone Turbine Corporation 0.00%
45 BWEN Broadwind Energy, Inc. 0.00%
46 CNHI CNH Industrial N.V. Common Shares 0.00%
47 IPWR Ideal Power Inc. 0.00%
48 AP Ampco-Pittsburgh Corporation 0.00%
49 TWIN Twin Disc, Incorporated 0.00%
50 VLDR Velodyne Lidar Inc. 0.00%
51 ZBRA Zebra Technologies Corporation - 0.00%
52 JASN Jason Industries, Inc. 0.00%
53 XRM Xerium Technologies, Inc. New 0.00%
54 TWI Titan International, Inc. (DE) 0.00%
55 MTW Manitowoc Company, Inc. (The) 0.00%
56 CVV CVD Equipment Corporation 0.00%
57 MNTX Manitex International, Inc. - common stock 0.00%
58 HDSN Hudson Technologies, Inc. 0.00%
59 KRNT Kornit Digital Ltd. - Ordinary Shares 0.00%
60 GNRC Generac Holdlings Inc. 0.00%
61 IR Ingersoll-Rand plc (Ireland) 0.00%
62 MCRN Milacron Holdings Corp. 0.00%
63 SPXC SPX Corporation 0.00%

Looking for More Information on ASTE dividends?

Here are a few links from around the web to help you further your research on Astec Industries Inc and its dividends:

Astec Industries Inc Common Stock (ASTE) Dividend History | Nasdaq
Dividend History for Astec Industries Inc (ASTE) - Dividend Investor
Astec Industries Inc (ASTE) Dividend History - Seeking Alpha


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