SAIC Declares $0.37 Dividend Per Share

By Tamara Parker • Friday, March 14 15:15 • Permanent Link

Science Applications International Corp. (SAIC) has declared a cash dividend of $0.37 per share of the company's common stock, which will be payable on April 25, 2025, to stockholders of record on April 11, 2025. This indicates a consistent dividend payout compared to the previous period.

SAIC's position as a premier Fortune 500 technology integrator is supported by its annual revenues of approximately $7.4 billion, reflecting a stable financial performance.

The company has approximately 24,000 employees and operates in the defense, space, civilian, and intelligence markets, offering secure high-end solutions in mission IT, enterprise IT, engineering services, and professional services.

Despite the declaration of the cash dividend, SAIC's future dividends will be subject to the board of directors' determination each quarter, based on earnings, financial condition, capital requirements, and other factors. Following these announcements, the company's shares moved 0.7%, and are now trading at a price of $104.95. Check out the company's full 8-K submission here.

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