SAIC Announces $0.37 Dividend Per Share

By Tamara Parker • Friday, August 30 15:16 • Permanent Link

Science Applications International Corp. (SAIC) has just announced a cash dividend of $0.37 per share of its common stock. This dividend is payable on October 25, 2024, to stockholders of record on October 11, 2024. SAIC also intends to continue paying dividends on a quarterly basis.

SAIC, a Fortune 500 technology integrator, reported annual revenues of approximately $7.4 billion. The company's workforce comprises approximately 24,000 employees, and it operates across the defense, space, civilian, and intelligence markets. SAIC offers secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services. The company focuses on integrating emerging technology into mission critical operations to modernize and enable critical national imperatives.

It's worth noting that SAIC is an equal opportunity employer and is committed to fostering a culture of diversity, equity, and inclusion. The market has reacted to these announcements by moving the company's shares 0.7% to a price of $130.07. Check out the company's full 8-K submission here.

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