Science Applications Int'l (SAIC) Declares $0.31 Quarterly Dividend; Approves 5M Share Common Buyback

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SAIC Declares Quarterly Cash Dividend and Approves Share Repurchase Program Authorization up to 5 Million Shares

September 14, 2015 6:30 AM EDT

MCLEAN, Va., Sept. 14, 2015 /PRNewswire/ -- Science Applications International Corporation (NYSE: SAIC), announced today that its Board of Directors has authorized and declared a regular quarterly cash dividend of $0.31 per share. The cash dividend is payable on October 30, 2015 to stockholders of record as of the close of business on October 15, 2015.

In addition, SAIC today announced that its Board of Directors authorized the repurchase of up to 5 million shares of the company's common stock under an existing stock repurchase program. SAIC's Board of... More