Tetra Tech (TTEK) will raise its quarterly dividend by 12.5 percent to $0.09 per share in 2016. This comes after a 14.3 percent dividend hike by the company last year. The new dividend yield for Tetra Tech is 1.2%.

Tetra Tech, Inc. is a provider of consulting, engineering, program management, construction management, and technical services. The company supports global commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. Tetra Tech provides clear solutions to complex problems in water, environment, infrastructure, resource management, energy, and international development. Tetra Tech's Initial Public Offering was completed on December 17, 1991. The company has paid a dividend every year since 2014.