Tetra Tech, Inc. (NASDAQ:TTEK) Announces Quarterly Dividend of $0.07

Tetra Tech, Inc. (NASDAQ:TTEK) announced a quarterly dividend on Monday, November 10th. Investors of record on Monday, December 1st will be paid a dividend of 0.065 per share by the industrial products company on Friday, December 12th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Monday, December 1st.

Tetra Tech has increased its dividend by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 11 consecutive years. Tetra Tech has a dividend payout ratio of 16.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Tetra Tech to earn $1.55 per share next year, which means the company should continue to be able to cover its $0.26 annual dividend with an expected future payout ratio of 16.8%.

Tetra Tech Price Performance

NASDAQ TTEK traded down $0.05 during trading hours on Friday, hitting $34.74. The company had a trading volume of 944,503 shares, compared to its average volume of 2,440,229. The firm has a 50 day simple moving average of $33.62 and a 200 day simple moving average of $35.31. The firm has a market capitalization of $9.06 billion, a price-to-earnings ratio of 43.42 and a beta of 0.96. Tetra Tech has a 52 week low of $27.27 and a 52 week high of $43.50. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.18 and a current ratio of 1.18.

Tetra Tech (NASDAQ:TTEK) last posted its earnings results on Wednesday, November 12th. The industrial products company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.40 by $0.05. Tetra Tech had a return on equity of 24.70% and a net margin of 3.94%.The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.06 billion. During the same period in the previous year, the business earned $0.38 earnings per share. The firm’s revenue was up 1.6% on a year-over-year basis. Tetra Tech has set its Q1 2026 guidance at 0.300-0.330 EPS. FY 2026 guidance at 1.400-1.550 EPS. Equities research analysts expect that Tetra Tech will post 1.37 earnings per share for the current year.

About Tetra Tech

Tetra Tech, Inc provides consulting and engineering services in the United States and internationally. The company operates through two segments, Government Services Group (GSG) and Commercial/International Services Group (CIG). The GSG segment offers early data collection and monitoring, data analysis and information management, science and engineering applied research, engineering design, project management, and operations and maintenance services; and climate change and energy management consulting, as well as greenhouse gas inventory assessment, certification, reduction, and management services.