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. This dividend is payable on July 25, 2025, to stockholders of record on July 11, 2025. SAIC intends to continue paying dividends on a quarterly basis, with future declarations being determined by the board of directors each quarter and dependent on earnings, financial condition, capital requirements, and other factors.
SAIC, a premier Fortune 500 mission integrator, has an annual revenue of approximately $7.5 billion and is focused on advancing technology and innovation to serve and protect various markets, including defense, space, civilian, and intelligence. The company's robust portfolio includes offerings in mission IT, enterprise IT, engineering services, and professional services, all aimed at integrating emerging technology into mission critical operations.
SAIC's dividend of $0.37 per share represents a change from the previous period's dividend, indicating the company's commitment to rewarding its shareholders. This announcement reflects the company's ongoing financial strength and its ability to generate returns for investors.
As of the latest announcement, SAIC continues to demonstrate its financial stability and commitment to delivering value to its shareholders through regular dividend payments. Following these announcements, the company's shares moved -0.76%, and are now trading at a price of $114.435. For more information, read the company's full 8-K submission here.
