SAIC Keeps Quarterly Dividend at $0.12

SAIC (NYSE: SAI  ) is continuing its habit of paying out a little over a dime per share in quarterly distributions. The company on Monday declared a regular dividend of $0.12 per share, to be paid on July 30 to shareholders of record as of July 15.

That amount is in line with every one of the firm's previous quarterly distributions, although that history is rather short. It only started handing out dividends in April 2012.

The just-declared distribution annualizes to $0.48 per share. That yields 3.3% at SAIC's most recent closing stock price of $14.68.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2482984, ~/Articles/ArticleHandler.aspx, 5/25/2015 7:49:31 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...