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Terex (TEX) will start paying a $0.05 per share quarterly dividend. The annual yield on the dividend is 0.5%. The first dividend will be paid on December 20, 2013, to shareholders of record on December 16, 2013.

Terex Corporation is a manufacturer of lifting and material processing products and services. The company reports in three business segments: Aerial Work Platforms, Cranes, and Materials Processing. Terex provides solutions to a broad range of industries, including the construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utility, quarrying and mining industries. Also the company offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services.