On December 13, 2023, Tetra Tech TTEK will distribute a dividend payout of $0.26 per share, equating to an annualized dividend yield of 0.65%. Shareholders who owned the stock before the ex-dividend date on November 29, 2023 will receive this payout.
Tetra Tech Recent Dividend Payouts
| Ex-Date | Payments per year | Dividend | Yield | Announced | Record | Payable |
|---|---|---|---|---|---|---|
| 2023-11-29 | 4 | $0.26 | 0.65% | 2023-11-15 | 2023-11-30 | 2023-12-13 |
| 2023-08-22 | 4 | $0.26 | 0.62% | 2023-08-07 | 2023-08-23 | 2023-09-06 |
| 2023-05-23 | 4 | $0.26 | 0.72% | 2023-05-10 | 2023-05-24 | 2023-06-06 |
| 2023-02-10 | 4 | $0.23 | 0.6% | 2023-01-30 | 2023-02-13 | 2023-02-24 |
| 2022-11-18 | 4 | $0.23 | 0.65% | 2022-11-07 | 2022-11-21 | 2022-12-09 |
| 2022-08-11 | 4 | $0.23 | 0.6% | 2022-08-03 | 2022-08-12 | 2022-08-26 |
| 2022-05-12 | 4 | $0.23 | 0.66% | 2022-05-02 | 2022-05-13 | 2022-05-27 |
| 2022-02-10 | 4 | $0.2 | 0.57% | 2022-02-02 | 2022-02-11 | 2022-02-25 |
| 2021-12-01 | 4 | $0.2 | 0.45% | 2021-11-15 | 2021-12-02 | 2021-12-20 |
| 2021-08-19 | 4 | $0.2 | 0.62% | 2021-07-26 | 2021-08-20 | 2021-09-03 |
| 2021-05-11 | 4 | $0.2 | 0.6% | 2021-04-26 | 2021-05-12 | 2021-05-28 |
| 2021-02-09 | 4 | $0.17 | 0.48% | 2021-01-25 | 2021-02-10 | 2021-02-26 |
When it comes to dividend yield, Tetra Tech falls behind its industry peers, with Aris Water Solutions ARIS boasting a higher annualized dividend yield of 4.94%.
Analyzing Tetra Tech Financial Health
Companies that pay out steady cash dividends are attractive to income-seeking investors, and companies that are financially healthy tend to maintain their dividend payout schedule. For this reason, investors can find it insightful to see if a company has been increasing or decreasing their dividend payout schedule and if their earnings are growing.
YoY Growth in Dividend Per Share
Investors witnessed an upward trajectory in the company's dividend per share between 2019 and 2022. The dividend per share rose from $0.57 to $0.89, indicating the company's dedication to enhancing shareholder value through increased dividends.
YoY Earnings Growth For Tetra Tech
From 2019 to 2022, Tetra Tech has demonstrated an upward trend in earnings, with earnings per share rising from $3.17 to $4.51. This positive earnings growth bodes well for investors looking to generate income through cash dividend payouts.
Recap
This article provides an in-depth analysis of Tetra Tech's recent dividend distribution and the impact it has on shareholders. The company is currently distributing a dividend of $0.26 per share, resulting in an annualized dividend yield of 0.65%.
When it comes to dividend yield, Tetra Tech falls behind its industry peers, with Aris Water Solutions boasting a higher annualized dividend yield of 4.94%.
The upward trend in dividend per share and earnings per share for Tetra Tech from 2019 to 2022 reflects a strong financial position, supporting the company's ability to consistently distribute profits to their investors.
Investors are advised to closely monitor the company's performance in the upcoming quarters to stay informed about any fluctuations in financials or dividend disbursements.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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