MENLO PARK, Calif. (GLOBE NEWSWIRE) — Exponent, Inc. (Nasdaq:EXPO) today announced that its Board of Directors has declared an increased quarterly cash dividend of $0.20 per share of common stock to be paid on March 26, 2021 to all common stockholders of record as of March 12, 2021.
“The increase in our regular quarterly dividend reflects the resilience in the business model and the strength of our balance sheet. Exponent remains committed to creating long-term value for our shareholders,” commented Dr. Catherine Corrigan, President and Chief Executive Officer.
Exponent has paid, and expects to continue to pay, quarterly dividends each year in March, June, September and December. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to the final determination of Exponent’s Board of Directors.
Exponent is an engineering and scientific consulting firm providing solutions to complex problems. Exponent’s interdisciplinary organization of scientists, physicians, engineers, and business consultants draws from more than 90 technical disciplines to solve the most pressing and complicated challenges facing stakeholders today. The firm leverages over 50 years of experience in analyzing accidents and failures to advise clients as they innovate their technologically complex products and processes, ensure the safety and health of their users, and address the challenges of sustainability.