Exponent, Inc. (EXPO) Raises Quarterly Dividend 18.8% to $0.19; 1% Yield

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Exponent Increases Quarterly Dividend Payment from $0.16 to $0.19 per Share

February 6, 2020 4:06 PM EST

MENLO PARK, Calif., Feb. 06, 2020 (GLOBE NEWSWIRE) -- Exponent, Inc. (Nasdaq: EXPO) today announced that its Board of Directors has declared an increased quarterly cash dividend of $0.19 per share of common stock to be paid on March 27, 2020 to all common stockholders of record as of March 13, 2020. 

In 2019, we paid $34 million in dividends and ended the year with $232 million in cash, cash equivalents and short-term investments. We believe that the increase in our regular quarterly dividend payment demonstrates our ongoing commitment to delivering value to our shareholders and maintaining a strong financial position, commented Dr. Catherine... More