Tutor Perini Corporation (TPC) To Go Ex-Dividend on March 10th

Tutor Perini Corporation (NYSE:TPC) announced a quarterly dividend on Thursday, February 26th. Shareholders of record on Tuesday, March 10th will be given 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

NYSE TPC opened at $72.60 on Friday. The company’s fifty day moving average is $77.24 and its two-hundred day moving average is $68.89. Tutor Perini has a 52-week low of $18.33 and a 52-week high of $89.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.27 and a quick ratio of 1.30. The firm has a market capitalization of $3.83 billion, a price-to-earnings ratio of 47.76 and a beta of 2.23.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings data on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.15. Tutor Perini had a net margin of 1.45% and a return on equity of 18.02%. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter in the prior year, the business earned ($1.49) earnings per share. The firm’s revenue for the quarter was up 41.2% on a year-over-year basis. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

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.