Tetra Tech, Inc. (TTEK) To Go Ex-Dividend on May 14th

Tetra Tech, Inc. (NASDAQ:TTEK) announced a quarterly dividend on Monday, April 27th. Investors of record on Thursday, May 14th will be given a dividend of 0.072 per share by the industrial products company on Tuesday, June 2nd. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date is Thursday, May 14th. This is a 10.8% increase from Tetra Tech’s previous quarterly dividend of $0.07.

Tetra Tech has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 11 years. Tetra Tech has a payout ratio of 18.2% meaning its dividend is sufficiently covered by earnings. Research analysts expect Tetra Tech to earn $1.73 per share next year, which means the company should continue to be able to cover its $0.28 annual dividend with an expected future payout ratio of 16.2%.

Tetra Tech Price Performance

Tetra Tech stock opened at $29.59 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 1.25 and a debt-to-equity ratio of 0.47. The stock has a market cap of $7.68 billion, a P/E ratio of 17.72 and a beta of 1.00. The company has a 50-day moving average price of $31.89 and a 200 day moving average price of $34.04. Tetra Tech has a 12-month low of $29.43 and a 12-month high of $43.14.

Tetra Tech (NASDAQ:TTEK) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. Tetra Tech had a net margin of 8.58% and a return on equity of 22.89%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1 billion. During the same quarter last year, the firm posted $0.33 earnings per share. Tetra Tech’s revenue was down 7.7% compared to the same quarter last year. Tetra Tech has set its FY 2026 guidance at 1.500-1.580 EPS and its Q3 2026 guidance at 0.38-0.41 EPS. Sell-side analysts anticipate that Tetra Tech will post 1.53 earnings per share for the current year.

About Tetra Tech

Tetra Tech, Inc is a leading provider of consulting and engineering services with a focus on water, environment, infrastructure, resource management and energy sectors. Headquartered in Pasadena, California, the company delivers end-to-end solutions that encompass planning, design, engineering, program management and construction management. Tetra Tech’s multidisciplinary teams integrate science, technology and advisory services to address complex challenges in areas such as water resources, environmental remediation, sustainable infrastructure and renewable energy.

The company’s core offerings include environmental assessments and cleanup, water treatment and reuse, coastal and marine engineering, climate resilience planning, and engineering design for transportation and built environments.