Science Applications Int'l (SAIC) Declares $0.31 Quarterly Dividend; 1.5% Yield

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SAIC Declares Quarterly Cash Dividend

December 14, 2016 4:30 PM EST

MCLEAN, Va.--(BUSINESS WIRE)-- 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 January 27, 2017 to stockholders of record on January 13, 2017.

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. In September 2015, SAIC's Board of Directors approved the replenishment of a prior authorization of 5 million shares, under which the company has since... More