Exponent, Inc. (EXPO) Raises Quarterly Dividend 16.7% to $0.21; 1.5% Yield
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Exponent Increases Quarterly Dividend Payment from $0.18 to $0.21 per Share
February 1, 2017 4:05 PM ESTMENLO PARK, Calif., Feb. 01, 2017 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has declared an increased quarterly cash dividend of $0.21 per share of common stock to be paid on March 24, 2017 to all common stockholders of record as of March 3, 2017.
In 2016, we paid $18.8 million in dividends, repurchased $24.5 million of common stock and ended the year with $173.7 million in cash, cash equivalents and short-term investments. We believe the increase in our quarterly dividend payment demonstrates our confidence in the sustainability of our long-term financial position and is... More
