Terex As of February 16, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
TEX $0.48 0.0% -100.0% 10.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Lifting & MP Products 1.2% 0 N/A Quarter 2021
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TEX logo © Terex Corporation
TEX logo © Terex Corporation

Terex Corporation (TEX) will reinstate its quarterly dividend with a 12 cent quarterly payment in 2021. Last year the dividend was suspended in the second quarter of 2020 because of the COVID-19 pandemic.

Prior to that the company raised its quarterly dividend by 9.1 percent to $0.12 per share, marking the 6th consecutive year of dividend increases by the manufacturer of lifting and material processing products and services

The next dividend will be payable on March 19, 2021 to shareholders and unitholders of record at the close of business on March 5, 2021. The annual dividend rate of $0.48 per share yields 1.3% at a stock price of $38.93.

Terex Corporation is a manufacturer of lifting and material processing products and services. The company has two business segments: Aerial Work Platforms 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. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. The company has paid a dividend every year since 2013.

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Ex-date Ticker Yield YTD hike
Mar 04 WY 1.9% %
Mar 04 D 3.5% 0.0%
Mar 04 BAC 2.1% 0.0%
Mar 04 PEP 3.0% 0.0%
Mar 04 SEE 1.5% 0.0%
Mar 04 AJG 1.6% 6.7%
Mar 04 LIN 1.5% 0.0%
Mar 04 KMB 3.5% 6.5%
Mar 04 BLK 2.3% 13.8%
Mar 04 TT 1.6% 11.3%