UPDATE: Terex Announces Initiation of $0.05 per Share Quarterly Dividend; $200M Buyback

Terex Corporation (NYSE: TEX ) today announced its Board of Directors approved the initiation of quarterly cash dividends to its shareholders. The initial quarterly cash dividend of $0.05 per share will be made on December 20, 2013 to shareholders of record as of December 16, 2013. Additionally, the Terex