SAIC (NASDAQ: SAIC) board declares $0.37 per share cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Science Applications International Corporation announced that its board of directors declared a cash dividend of $0.37 per share on its common stock. The dividend will be paid on April 24, 2026 to stockholders of record as of April 10, 2026.
SAIC states that it intends to continue paying dividends on a quarterly basis, with each future dividend decision made by the board and dependent on earnings, financial condition, capital requirements and other factors. The company notes it has annual revenues of approximately $7.5 billion and about 24,000 employees across defense, space, civilian and intelligence markets.
Positive
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Negative
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________________
Form 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 12, 2026
_________________________________________________________
(Exact name of registrant as specified in its charter)
_________________________________________________________
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(703 ) 676-4300
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
On March 12, 2026, the Company’s Board of Directors declared a cash dividend of $0.37 per share of the Company’s common stock payable on April 24, 2026 to stockholders of record on April 10, 2026. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |||||||
99.1 | Press Release dated March 13, 2026 | |||||||
| 104 | Cover Page Interactive Data File, formatted as Inline XBRL | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 13, 2026
Science Applications International Corporation
| By: | /s/ Hilary L. Hageman | |||||||
| Hilary L. Hageman | ||||||||
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||
Exhibit 99.1
SAIC Board of Directors Declares Cash Dividend
RESTON, Va., Mar. 13, 2026 – 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 April 24, 2026 to stockholders of record on April 10, 2026.
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 mission 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. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.5 billion. For more information, visit saic.com. For ongoing news, please visit our newsroom.
Media Contact:
Darryn James
publicrelations@saic.com
Investor Relations Contact:
Jon Raviv
investorrelations@saic.com
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 www.saic.com or on the SEC’s website at www.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.
FAQ
What dividend did SAIC (SAIC) declare in March 2026?
SAIC’s board declared a cash dividend of $0.37 per share on its common stock. The company describes this as part of its practice of paying dividends on a quarterly basis, subject to ongoing board approval and business conditions.
When is the SAIC (SAIC) dividend record date and payment date?
The dividend is payable on April 24, 2026 to stockholders of record on April 10, 2026. Investors must be shareholders of record on that date to receive the declared $0.37 per share cash dividend.
Does SAIC (SAIC) plan to continue paying quarterly dividends?
SAIC states it intends to continue paying dividends quarterly. However, each future dividend will be determined by the board and will depend on earnings, financial condition, capital requirements and other factors the board considers relevant each quarter.
On which exchange is SAIC (SAIC) common stock listed?
SAIC’s common stock is listed on The Nasdaq Stock Market LLC under the trading symbol SAIC. The declared $0.37 per share cash dividend applies to shares of this common stock outstanding on the record date.
How large is SAIC’s business based on this disclosure?
SAIC reports annual revenues of approximately $7.5 billion and a workforce of about 24,000 people. It positions itself as a Fortune 500 mission integrator serving defense, space, civilian and intelligence markets with IT, engineering and professional services.
What factors could affect future SAIC (SAIC) dividend decisions?
Future dividends will depend on earnings, financial condition, capital requirements and other factors considered by SAIC’s board of directors. The company emphasizes that while it intends quarterly dividends, the board will decide each dividend separately.