SAIC Keeps Quarterly Dividend at $0.12

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SAIC 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.


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The article SAIC Keeps Quarterly Dividend at $0.12 originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in SAIC. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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