Exponent, Inc. (Nasdaq: EXPO) announced that its Board of Directors has declared a quarterly cash dividend of $0.31 per share of common stock, payable on September 18, 2026, to stockholders of record as of September 4, 2026.

The Menlo Park, Calif.-based consulting firm said its Board also increased the company's share repurchase authorization by $50 million.

Exponent pays quarterly dividends in March, June, September, and December. Future dividend declarations remain subject to Board approval.

Chief Executive Officer Dr. Catherine Corrigan said in a statement: "Our quarterly dividend and increased share repurchase authorization reflects the strength and durability of Exponent's business model and our disciplined approach to capital allocation."