Jacobs Engineering (JEC) Initiates, Declares $0.15 Quarterly Dividend; 1% Yield

Jacobs Engineering (NYSE: JEC) initiated and declared a quarterly dividend of $0.15 per share, or $0.6 annualized.

The dividend will be payable on March 17, 2017, to stockholders of record on February 17, 2017, with an ex-dividend date of February 15, 2017.

The annual yield on the dividend is 1 percent.

"The decision by Jacobs Board of Directors to initiate a dividend represents a significant milestone for the company and demonstrates confidence in the company’s strong operating performance, significant free cash flow generation, and financial outlook over the long-term," said Steve Demetriou, Jacobs Chairman & CEO. "We remain committed to enhancing shareholder value and are pleased to return excess capital to our shareholders, while continuing to maintain our existing share repurchase program."

For a dividend history and other dividend-related data on Jacobs Engineering (JEC) click here.

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