Exponent, Inc. (EXPO) To Go Ex-Dividend on December 6th

Exponent, Inc. (NASDAQ:EXPO) declared a quarterly dividend on Wednesday, October 23rd,Zacks Dividends reports. Investors of record on Friday, December 6th will be given a dividend of 0.28 per share by the business services provider on Friday, December 20th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, December 6th.

Exponent has raised its dividend payment by an average of 11.0% annually over the last three years and has increased its dividend annually for the last 11 consecutive years. Exponent has a dividend payout ratio of 53.1% meaning its dividend is sufficiently covered by earnings. Analysts expect Exponent to earn $2.11 per share next year, which means the company should continue to be able to cover its $1.12 annual dividend with an expected future payout ratio of 53.1%.

Exponent Stock Down 0.6 %

NASDAQ:EXPO opened at $98.07 on Wednesday. The company has a market cap of $4.98 billion, a P/E ratio of 47.38 and a beta of 0.70. Exponent has a twelve month low of $68.70 and a twelve month high of $115.75. The business has a 50 day moving average price of $104.73 and a two-hundred day moving average price of $102.38.

Insider Buying and Selling

In related news, Director Paul R. Johnston sold 1,300 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $95.03, for a total transaction of $123,539.00. Following the sale, the director now owns 59,406 shares in the company, valued at approximately $5,645,352.18. This represents a 2.14 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Carol Lindstrom sold 1,039 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $96.32, for a total value of $100,076.48. Following the transaction, the director now directly owns 5,871 shares of the company’s stock, valued at $565,494.72. This trade represents a 15.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 30,339 shares of company stock worth $3,103,065. 2.10% of the stock is owned by insiders.

Exponent Company Profile

Exponent, Inc, together with its subsidiaries, operates as a science and engineering consulting company in the United States and internationally. The company operates in two segments, Engineering and Other Scientific, and Environmental and Health. The Engineering and Other Scientific segment provides services in the areas of biomechanics, biomedical engineering and sciences, buildings and structures, civil engineering, construction consulting, data sciences, electrical engineering and computer science, human factors, materials and corrosion engineering, mechanical engineering, polymer science and materials chemistry, thermal sciences, and vehicle engineering.