Tetra Tech, Inc. (NASDAQ:TTEK – Get Free Report) declared a quarterly dividend on Monday, July 27th. Stockholders of record on Thursday, August 13th will be given a dividend of 0.072 per share by the industrial products company on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, August 13th.
Tetra Tech has raised its dividend by an average of 0.1%per year 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 18.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Tetra Tech to earn $1.76 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 15.9%.
Tetra Tech Stock Performance
Shares of Tetra Tech stock opened at $35.04 on Tuesday. The stock has a market cap of $8.97 billion, a price-to-earnings ratio of 21.11 and a beta of 0.90. Tetra Tech has a twelve month low of $25.81 and a twelve month high of $43.14. The company’s fifty day moving average is $30.35 and its 200 day moving average is $31.94. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 0.43.
Tetra Tech Company Profile
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.
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