Astec Industries, Inc. (ASTE) Declares $1.00 Annual Dividend; 3.4% Yield

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Astec (ASTE) to Sell Certain Assets for $55M; Declares Special One-Time Dividend

November 1, 2012 12:06 PM EDT

Astec Industries, Inc. (Nasdaq: ASTE) announced that on October 31, 2012, the Company entered into agreements to sell its American Augers, Inc. subsidiary as well as certain assets related to the Trencor large trencher product line of Astec Underground, Inc. to The Charles Machine Works, Inc. of Perry, Oklahoma for... More