Science Applications International Corp. (SAIC) has declared a cash dividend of $0.37 per share of the company's common stock, payable on October 24, 2025, to stockholders of record on October 10, 2025. SAIC intends to continue paying dividends on a quarterly basis, with future declarations dependent on various factors. The company, a premier Fortune 500 mission integrator, has an annual revenue of approximately $7.5 billion and a workforce of approximately 24,000 employees.
In the last period, SAIC's annual revenue was $7.2 billion, indicating an increase to $7.5 billion in the current period. This represents a notable growth in revenue for the company.
Additionally, the cash dividend declared for the current period is $0.37 per share, which provides a specific measure of the return to shareholders. Comparatively, in the last period, the company may not have declared a dividend or the dividend amount could have been different, indicating a change in the company's dividend policy or financial performance.
The increase in revenue and the declaration of a cash dividend signify positive developments for SAIC in the current period. Following these announcements, the company's shares moved -1.26%, and are now trading at a price of $117.84. For more information, read the company's full 8-K submission here.