Tetra Tech As of July 20, 2021 ticker dps (an.) 2021 hike 2020 hike 2019 hike
TTEK $0.80 17.6% 13.3% 25.0%
Business yield Hike yrs 5 yr CAGR freq. paid since
Consulting & Engineering Services 0.6% 7 17.3% Quarter 2014
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Tetra Tech hikes dividend by 17.6%

Tetra Tech (TTEK) will raise its quarterly dividend by 17.6 percent to 20 cents per share in 2021. This comes after a dividend hike of 13.3 percent to $0.17 per share announced in 2020. This marks the 7th consecutive year of dividend increases by the services company. 

The increased dividend is payable on May 28, 2021 to stockholders of record as of May 12, 2021. A new annualized rate of 80 cents per share yields 0.63% at a stock price of $124. Tetra Tech has raised its dividend by an average of 17.3 percent annually in the last five years. The company will pay shareholders an estimated $43 million in dividends annually.

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.

Dividend Calendar

Look at the complete list of upcoming events
Ex-date Ticker Yield YTD hike
Jul 26 FAST 2.1% 12.0%
Jul 26 BK 2.8% 9.7%
Jul 26 COO 0.0% 0.0%
Jul 27 CLX 2.5% 4.5%
Jul 28 MMC 1.5% 15.1%
Jul 28 FRC 0.5% 10.0%
Jul 29 COST 0.8% 12.9%
Jul 29 PFE 3.8% 0.0%
Jul 29 CFG 3.7% 0.0%
Jul 29 LNT 2.8% 5.9%