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SAIC Board of Directors Declares Cash Dividend

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Science Applications International Corp (SAIC) has announced that its board of directors has declared a quarterly cash dividend of $0.37 per share. The dividend will be paid on January 24, 2025, to stockholders of record as of January 10, 2025. The company expressed its intention to continue paying dividends quarterly, though future declarations will be subject to board approval and dependent on various factors including earnings, financial condition, and capital requirements.

Science Applications International Corp (SAIC) ha annunciato che il suo consiglio di amministrazione ha dichiarato un dividendo in contante trimestrale di $0,37 per azione. Il dividendo sarà pagato il 24 gennaio 2025, agli azionisti registrati al 10 gennaio 2025. L'azienda ha espresso la sua intenzione di continuare a pagare dividendi trimestrali, sebbene le future dichiarazioni siano soggette all'approvazione del consiglio e dipendano da vari fattori, tra cui utili, condizioni finanziarie e necessità di capitale.

Science Applications International Corp (SAIC) ha anunciado que su junta directiva ha declarado un dividendo en efectivo trimestral de $0.37 por acción. El dividendo se pagará el 24 de enero de 2025, a los accionistas registrados a partir del 10 de enero de 2025. La empresa expresó su intención de seguir pagando dividendos trimestrales, aunque las futuras declaraciones estarán sujetas a la aprobación de la junta y dependerán de varios factores, incluidos los ingresos, la condición financiera y los requisitos de capital.

Science Applications International Corp (SAIC)는 이사회가 주당 $0.37의 분기 배당금을 선언했다고 발표했습니다. 배당금은 2025년 1월 24일에 지급되며, 기준일인 2025년 1월 10일에 주주로 등록된 이들에게 지급됩니다. 이 회사는 분기마다 배당금을 지급할 계획임을 밝혔지만, 향후 선언은 이사회의 승인을 받아야 하며, 수익, 재정 상태 및 자본 요구 사항을 포함한 여러 요인에 따라 달라질 것입니다.

Science Applications International Corp (SAIC) a annoncé que son conseil d'administration a déclaré un dividende en espèces trimestriel de 0,37 $ par action. Le dividende sera versé le 24 janvier 2025 aux actionnaires enregistrés au 10 janvier 2025. L'entreprise a exprimé son intention de continuer à verser des dividendes trimestriels, bien que les déclarations futures soient soumises à l'approbation du conseil et dépendent de divers facteurs tels que les bénéfices, la situation financière et les besoins en capital.

Die Science Applications International Corp (SAIC) hat bekannt gegeben, dass der Vorstand eine vierteljährliche Bardividende von 0,37 $ pro Aktie erklärt hat. Die Dividende wird am 24. Januar 2025 an die Aktionäre, die am 10. Januar 2025 im Aktienregister stehen, ausgezahlt. Das Unternehmen äußerte die Absicht, weiterhin vierteljährliche Dividenden zu zahlen, wobei zukünftige Beschlüsse der Zustimmung des Vorstands bedürfen und von verschiedenen Faktoren wie Erträgen, finanzieller Lage und Kapitalbedarf abhängen.

Positive
  • Maintains consistent quarterly dividend payment of $0.37 per share
  • Demonstrates financial stability and commitment to shareholder returns
Negative
  • None.

Insights

The quarterly dividend announcement of $0.37 per share maintains SAIC's consistent capital return policy to shareholders. With a market cap of $6.1 billion, this dividend represents an annual yield of approximately 1.9% at current stock prices. This continuation of regular dividend payments signals financial stability and commitment to shareholder returns.

The company's dividend policy reflects a balanced approach to capital allocation, preserving flexibility for potential investments while maintaining steady returns to investors. The board's quarterly review process allows for adjustments based on business performance and capital needs, demonstrating prudent financial management. For long-term investors, this predictable dividend stream provides a reliable income component alongside potential capital appreciation.

RESTON, Va., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of $0.37 per share of the company’s common stock payable on January 24, 2025 to stockholders of record on January 10, 2025.

SAIC intends to continue paying dividends on a quarterly basis, although the declaration of any future dividends will be determined by the board of directors each quarter and will depend on earnings, financial condition, capital requirements and other factors.

About SAIC

SAIC is a premier Fortune 500® technology integrator focused on advancing the power of technology and innovation to serve and protect our world. Our robust portfolio of offerings across the defense, space, civilian and intelligence markets includes secure high-end solutions in mission IT, enterprise IT, engineering services and professional services. We integrate emerging technology, rapidly and securely, into mission critical operations that modernize and enable critical national imperatives.

We are approximately 24,000 strong; driven by mission, united by purpose, and inspired by opportunities. SAIC is an Equal Opportunity Employer, fostering a culture of diversity, equity and inclusion, which is core to our values and important to attract and retain exceptional talent. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.4 billion.​​​​ For more information, visit saic.com. For ongoing news, please visit our newsroom.

Forward-Looking Statements

Certain statements in this release contain or are based on “forward-looking” information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “guidance,” and similar words or phrases. Forward-looking statements in this release may include, among others, estimates of future revenues, operating income, earnings, earnings per share, charges, total contract value, backlog, outstanding shares and cash flows, as well as statements about future dividends, share repurchases and other capital deployment plans. Such statements are not guarantees of future performance and involve risk, uncertainties and assumptions, and actual results may differ materially from the guidance and other forward-looking statements made in this release as a result of various factors. Risks, uncertainties and assumptions that could cause or contribute to these material differences include those discussed in the “Risk Factors,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Legal Proceedings” sections of our Annual Report on Form 10-K, as updated in any subsequent Quarterly Reports on Form 10-Q and other filings with the SEC, which may be viewed or obtained through the Investor Relations section of our website at saic.com or on the SEC’s website at sec.gov. Due to such risks, uncertainties and assumptions you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. SAIC expressly disclaims any duty to update any forward-looking statement provided in this release to reflect subsequent events, actual results or changes in SAIC’s expectations.

SAIC also disclaims any duty to comment upon or correct information that may be contained in reports published by investment analysts or others.

Media Contact:

Kara Ross

publicrelations@saic.com


FAQ

When will SAIC pay its next dividend?

SAIC will pay its next dividend of $0.37 per share on January 24, 2025.

What is the record date for SAIC's latest dividend?

The record date for SAIC's latest dividend is January 10, 2025.

How much is SAIC's current quarterly dividend?

SAIC's current quarterly dividend is $0.37 per share.

Does SAIC pay dividends regularly?

Yes, SAIC intends to continue paying dividends on a quarterly basis, subject to board approval and various financial factors.

Science Applications International Corporation

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Information Technology Services
Services-computer Integrated Systems Design
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United States of America
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