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 April 24, 2026, to stockholders of record on April 10, 2026. SAIC also intends to continue paying dividends on a quarterly basis.
In terms of financial performance, SAIC reported annual revenues of approximately $7.5 billion. The company has maintained a strong workforce, with approximately 24,000 employees.
The quarterly cash dividend of $0.37 per share represents a return to shareholders and indicates a level of financial stability and confidence in the company's performance. This announcement reflects the board's consideration of earnings, financial condition, and capital requirements, as well as a commitment to rewarding shareholders.
SAIC's continuous focus on advancing technology and innovation to serve the defense, space, civilian, and intelligence markets underscores its commitment to modernizing and enabling critical national imperatives. Following these announcements, the company's shares moved 0.43%, and are now trading at a price of $111.13. For more information, read the company's full 8-K submission here.
