Science Applications International Corp. (SAIC) has announced that its board of directors has declared a cash dividend of $0.37 per share of the company’s common stock. The dividend is payable on July 26, 2024, to stockholders of record on July 12, 2024. SAIC intends to continue paying dividends on a quarterly basis.
SAIC's annual revenues are approximately $7.4 billion, and the company is a premier Fortune 500 technology integrator focused on advancing the power of technology and innovation to serve and protect various markets, including defense, space, civilian, and intelligence.
The dividend declared represents a consistent return to shareholders, reflecting the company's financial strength and commitment to rewarding its investors. Today the company's shares have moved 0.4% to a price of $133.58. Check out the company's full 8-K submission here.