Tutor Perini Corporation announced a quarterly dividend of $0.06 per share and a $200 million share repurchase program.
The decision was based on the strong financial performance in the third quarter and year-to-date results of 2025.
The company reported record operating cash flow of $574.4 million and a backlog of $21.6 billion.
Quarterly Dividend
$0.06 per share cash dividend payable on December 23, 2025, to shareholders of record on December 9, 2025.
Share Repurchase Program
$200 million share repurchase program authorized for purchasing outstanding common shares.
Business Performance
Increased 2025 earnings guidance for the third consecutive quarter with strong operating cash flow and backlog.
- Tutor Perini aims to enhance its capital allocation strategy to reward shareholders.
- The company's strategy aligns with strong macroeconomic tailwinds and infrastructure investments.
- Expectations of higher revenue, profit, and operating cash flow in 2026 and 2027 due to market positioning.
Tutor Perini's decision to start a dividend payout and share repurchase program reflects confidence in future growth and commitment to rewarding shareholders.