Does Tutor Perini Corporation (TPC) Pay a Dividend? (2026)
Last updated July 2026
Short answer
Yes. Tutor Perini Corporation (TPC) pays a dividend yielding about its stated rate as of August 2026, paid quarterly, four times a year. The latest payment on record was $0.0600 per share, ex-dividend May 21, 2026.. Figures are approximate and dated; verify the current number with your broker.
Does Tutor Perini Corporation (TPC) pay a dividend?
Yes. Tutor Perini Corporation distributes a dividend yielding roughly its stated rate as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.0600 per share, with an ex-dividend date of May 21, 2026.
The trailing and forward multiples tell very different stories, which is the crux of the debate on this name. Trailing GAAP EPS of about $2.32 still carries the drag of weaker prior quarters, legal charges and share-based compensation, producing a headline P/E above 40. Against guided 2026 adjusted EPS of $5.15 to $5.45, the same price is roughly 18x to 19x, and against management's statement that 2027 should be substantially higher, lower still. Whether the stock is expensive depends almost entirely on how durable investors judge the current backlog-driven margin level to be.
TPC dividend at a glance
| 2026-05-21 | $0.06 |
| 2026-03-10 | $0.06 |
| 2025-12-09 | $0.06 |
TPC dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with TPC's investor relations page before relying on it.
Is the TPC dividend covered?
We do not have a payout ratio on record for TPC. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on TPC's investor relations page or in your broker's fundamentals tab.
Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.
What TPC's dividend means for you
- Income: set by the yield, which moves with the share price.
- Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
- Total return: for TPC the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
- Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
- If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.
How TPC dividends are taxed
Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.
The bottom line on the TPC dividend
Tutor Perini Corporation (TPC) pays about its stated yield. For the full picture see the TPC guide. Walnut can show how TPC fits your real portfolio. It is not an investment adviser.
Investing in Tutor Perini Corporation with AI
Connect the broker you already use and ask Walnut's AI how TPC fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.
FAQ
Does Tutor Perini Corporation (TPC) pay a dividend?
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Yes. Tutor Perini Corporation pays a dividend yielding roughly its current yield as of August 2026, paid quarterly, four times a year. The most recent payment on record was $0.0600 per share with an ex-dividend date of May 21, 2026. Yields move with the share price, so verify the current figure with your broker or TPC's investor relations page before relying on it.
What is TPC's dividend yield?
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About its current yield as of August 2026. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.
How often does TPC pay its dividend?
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Tutor Perini Corporation pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of May 21, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on TPC's investor relations page, because boards can change both the amount and the timing.
Is TPC's dividend safe?
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We do not have a payout ratio on record for TPC. The payout ratio, the share of earnings paid out as dividends, is the usual first check on whether a dividend has room to keep growing; you can find it on TPC's investor relations page or in your broker's fundamentals tab. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.
Are TPC dividends qualified for tax purposes?
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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.
Should I reinvest TPC dividends?
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Most brokers offer automatic reinvestment (a DRIP) that puts each TPC payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.
Does Tutor Perini pay a dividend?
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Yes, though it is small relative to earnings. The board raised the quarterly cash dividend 50% to $0.09 per share alongside the Q2 2026 results, from $0.06. At a share price near $96 that is a yield well under 1%, so the dividend reads as a signal about balance sheet confidence rather than as an income proposition. The company also repurchased 137,374 shares during the quarter.
Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with TPC's investor relations page or your broker before acting on them.