Tutor Perini Corporation (NYSE:TPC) Plans $0.06 Quarterly Dividend

Tutor Perini Corporation (NYSE:TPC) announced a quarterly dividend on Thursday, February 26th. Investors of record on Tuesday, March 10th will be paid a dividend of 0.06 per share by the construction company on Thursday, March 26th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Tuesday, March 10th.

Tutor Perini has a payout ratio of 7.5% indicating that its dividend is sufficiently covered by earnings.

Tutor Perini Stock Performance

Tutor Perini stock traded down $6.48 during midday trading on Friday, reaching $82.90. 819,019 shares of the stock traded hands, compared to its average volume of 574,720. Tutor Perini has a fifty-two week low of $18.33 and a fifty-two week high of $89.51. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.31. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of -157.21 and a beta of 2.21. The firm has a fifty day moving average price of $76.82 and a two-hundred day moving average price of $68.17.

Tutor Perini (NYSE:TPC) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.15. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Tutor Perini had a positive return on equity of 7.07% and a negative net margin of 0.55%.The business’s revenue for the quarter was up 41.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($1.49) earnings per share. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Company Profile

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.