Tutor Perini Corporation (TPC) to Issue Quarterly Dividend of $0.06 on June 4th

Tutor Perini Corporation (NYSE:TPC) announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Thursday, May 21st will be given a dividend of 0.06 per share by the construction company on Thursday, June 4th. This represents a c) annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, May 21st.

Tutor Perini has a payout ratio of 7.5% meaning its dividend is sufficiently covered by earnings. Analysts expect Tutor Perini to earn $5.69 per share next year, which means the company should continue to be able to cover its $0.24 annual dividend with an expected future payout ratio of 4.2%.

Tutor Perini Stock Down 5.1%

TPC stock opened at $75.41 on Tuesday. Tutor Perini has a one year low of $34.32 and a one year high of $100.00. The stock has a market capitalization of $3.97 billion, a PE ratio of 51.30 and a beta of 2.18. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.28 and a current ratio of 1.28. The company has a fifty day moving average of $79.77 and a 200-day moving average of $74.79.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings data on Wednesday, May 6th. The construction company reported $1.03 EPS for the quarter, beating the consensus estimate of $0.96 by $0.07. Tutor Perini had a net margin of 1.37% and a return on equity of 19.92%. The firm had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the business earned $0.65 earnings per share. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS. As a group, analysts expect that Tutor Perini will post 5.18 EPS for the current year.

About Tutor Perini

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.