dividend change

TPC Tutor Perini Corporation

as of Sunday 9 August 2026 · 46d ago

Event 5 Aug · published 9 Aug (5 days after the event) — from the dividends calendar

TPC raised its quarterly dividend 50.0% to $0.09 from $0.06 (next ex-dividend date Aug 19).

Orin's take

The 50% dividend hike after three years of losses marks a decisive shift from survival to surplus, directly validating the buy thesis that Tutor Perini’s cash flow engine is now self-sustaining and ready to return capital.

What would change this read

A quarterly free cash flow print below $50M or a downward revision to full-year adjusted EPS guidance would break the signal, indicating the raised payout was not backed by durable cash generation.

The facts

raised 50.0% — $0.06 to $0.09 per quarter

New payment: $0.09 per quarter
Previous: $0.06 · ex-dividend May 21, 2026
Next ex-dividend: Aug 19, 2026

Dividends come from the dividends calendar, not a filing — the ex-dividend date is the day the payment stops travelling with the share.

Signals are informational research, not individualized investment advice.