Tetra Tech (TTEK) will raise its quarterly dividend by 20 percent to $0.12 per share in the second quarter of 2018. This marks the fourth consecutive year of dividend increases by the services company.

The next dividend is payable on June 1, 2018 to stockholders of record as of May 16, 2018. The new dividend yield for TTEK is 1.0%.

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.