Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Terex Corporation is a U.S.-based global manufacturer of industrial equipment primarily serving the construction, materials processing, infrastructure, utilities, and industrial markets. The company designs, manufactures, and supports machinery used for lifting, moving, and processing materials, with demand closely tied to construction activity, infrastructure investment, and industrial capital spending.
Terex operates through two primary business segments—Aerial Work Platforms and Materials Processing—which together represent the company’s core revenue drivers. Its products are sold to equipment rental companies, construction contractors, aggregates producers, and industrial operators. Terex is recognized for strong brand equity through established product lines such as Genie, Powerscreen, and Terex Utilities, and it maintains a competitive position through engineering expertise, global distribution, and an aftermarket parts and services network. The company traces its roots to 1933 and adopted the Terex name in 1957 under General Motors ownership before becoming an independent public company in 1986.
Business Operations
Terex generates revenue through the manufacture and sale of capital equipment, complemented by aftermarket parts, services, and support. The Aerial Work Platforms segment, anchored by the Genie brand, produces mobile elevating work platforms including boom lifts, scissor lifts, and telehandlers, with a significant portion of sales driven by large global equipment rental customers. The Materials Processing segment designs and manufactures crushing, screening, washing, and material handling equipment under brands such as Powerscreen, Finlay, Terex Washing Systems, and EvoQuip, serving quarrying, mining, recycling, and aggregate production customers.
Operations span domestic manufacturing in the United States and extensive international production and assembly facilities across Europe and Asia-Pacific. Terex controls proprietary engineering designs, manufacturing processes, and brand-specific dealer networks. The company sells primarily through independent distributors and dealers, supplemented by direct relationships with major rental and industrial customers. Terex Utilities operates as a specialized business unit within the portfolio, supplying bucket trucks, digger derricks, and utility equipment primarily to electric utilities and telecommunications providers.
Strategic Position & Investments
Terex’s strategy emphasizes disciplined capital allocation, margin expansion, and growth in higher-return end markets. The company has prioritized its two-segment operating model to sharpen focus, improve operational efficiency, and allocate resources toward businesses with stronger aftermarket potential and recurring revenue. Growth initiatives include product innovation, electrification of equipment, digital fleet management solutions, and expansion of parts and services offerings.
Strategic investments and acquisitions have historically focused on strengthening core product categories and expanding materials processing capabilities, including the integration of Powerscreen and Finlay into a cohesive global platform. Terex continues to invest in automation, hybrid and electric power systems, and sustainability-focused product development to align with customer demand and regulatory trends. The company maintains a selective approach to acquisitions, targeting bolt-on opportunities rather than large-scale transformational deals.
Geographic Footprint
Terex Corporation is headquartered in North America (United States) and maintains a significant operational and sales presence across Europe, Asia-Pacific, and select emerging markets. The company’s manufacturing and assembly footprint includes facilities in the United States, United Kingdom, Ireland, Germany, Italy, China, and India, supporting regional customization and supply chain resilience.
Sales are globally diversified, with substantial revenue generated outside the United States through dealer networks and international rental customers. Terex’s global reach allows it to participate in infrastructure development, urbanization, and industrial growth across multiple continents while balancing exposure to regional economic cycles.
Leadership & Governance
Terex is led by an executive team with experience in industrial manufacturing, operations, and capital markets, guided by a governance framework focused on operational discipline, safety, and long-term shareholder value. The leadership philosophy emphasizes decentralized execution within a clearly defined strategic structure, empowering business units while maintaining centralized financial and operational oversight.
Key executives include:
- Simon Meester – President & Chief Executive Officer
- Jennifer Keating – Chief Financial Officer
- Kevin Bradley – Senior Vice President & General Counsel
- Joseph Schulte – Senior Vice President & Chief Human Resources Officer
The company is governed by an independent board of directors and operates in compliance with U.S. public company governance standards, with oversight informed by disclosures in SEC filings and other regulatory documents.