Terex announces quarterly dividend of $0.17 per share

NORWALK, Conn. - Terex Corporation (NYSE:TEX) announced Thursday that its Board of Directors has declared a quarterly dividend of $0.17 per share.

The dividend will be paid on September 19, 2025, to stockholders of record as of the close of business on August 11, 2025.

Terex Corporation is a global manufacturer of industrial equipment, including materials processing machinery, waste and recycling solutions, mobile elevating work platforms, and equipment for the electric utility industry.

The company designs and produces equipment used across various sectors including maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry.

According to the company’s press release statement, Terex also offers lifecycle support through its global parts and services organization and provides digital solutions to help customers maximize their return on investment.

Terex manufactures its products in North America, Europe, and Asia Pacific, selling them worldwide.

In other recent news, Terex Corporation has been at the center of several notable developments. Goldman Sachs has upgraded Terex’s stock rating from Neutral to Buy, raising the price target to $60. This decision reflects confidence in the company’s strategic decisions, including the acquisition of Environmental Services Group, which now contributes significantly to Terex’s profits. Meanwhile, UBS has shifted its stance on Terex from Sell to Neutral, with a price target of $48, acknowledging the company’s improvements and focus on Environmental, Social, and Governance (ESG) initiatives.

JPMorgan has also revised its outlook, raising the price target to $50 while maintaining a Neutral rating. This adjustment follows discussions with Terex’s management about future margin improvements and inventory stability. Raymond James continues to maintain a Market Perform rating on Terex, noting potential margin pressures in the Aerial Work Platforms segment but expecting strong results in Environmental Solutions.

Additionally, Terex announced an amendment to its bylaws and held its Annual Meeting, where shareholders approved director elections and executive compensation. These updates reflect Terex’s commitment to transparent governance practices. Investors are closely monitoring these developments as Terex navigates current market conditions and strategic initiatives.

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