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.