Exponent, Inc. (NASDAQ: EXPO) announced its board of directors declared a quarterly cash dividend of $0.31 per share of common stock. The dividend will be paid on June 18, 2026 to shareholders of record as of June 5, 2026.

The engineering and scientific consulting company typically pays quarterly dividends in March, June, September, and December, though future dividend declarations remain subject to board approval.

The board also authorized an additional $50 million for share repurchases, supplementing the $17.7 million available for buybacks as of April 3, 2026. This brings the total current repurchase authorization to $67.7 million.

"Exponent's quarterly cash dividend and increased share repurchase authorization reflects our continued commitment to returning capital to our shareholders," said Dr. Catherine Corrigan, President and Chief Executive Officer. "Supported by strong profitability and the strength of our balance sheet, we are well positioned to continue our disciplined capital allocation strategy and drive long-term value to shareholders."

The Menlo Park, California-based company operates across more than 90 technical disciplines with over 950 consultants serving clients in multiple industries. Exponent maintains offices in North America, Asia, and Europe, providing consulting services in areas including failure analysis and safety engineering.