SAIC Board of Directors Declares Cash Dividend
30 August 2024 - 2:25PM
Science Applications International Corp. (NASDAQ: SAIC) announced
today that the company’s board of directors declared a cash
dividend of $0.37 per share of the company’s common stock payable
on October 25, 2024 to stockholders of record on October 11, 2024.
SAIC intends to continue paying dividends on a quarterly basis,
although the declaration of any future dividends will be determined
by the board of directors each quarter and will depend on earnings,
financial condition, capital requirements and other factors.
About SAIC
SAIC® is a premier Fortune 500® technology
integrator focused on advancing the power of technology and
innovation to serve and protect our world. Our robust portfolio of
offerings across the defense, space, civilian and intelligence
markets includes secure high-end solutions in mission IT,
enterprise IT, engineering services and professional services. We
integrate emerging technology, rapidly and securely, into mission
critical operations that modernize and enable critical national
imperatives.
We are approximately 24,000 strong; driven by mission, united by
purpose, and inspired by opportunities. SAIC is an Equal
Opportunity Employer, fostering a culture of diversity, equity and
inclusion, which is core to our values and important to attract and
retain exceptional talent. Headquartered in Reston, Virginia, SAIC
has annual revenues of approximately $7.4 billion. For
more information, visit saic.com. For ongoing news,
please visit our newsroom.
Forward-Looking Statements
Certain statements in this release contain or are
based on “forward-looking” information within the meaning of the
Private Securities Litigation Reform Act of 1995. In some cases,
you can identify forward-looking statements by words such as
“expects,” “intends,” “plans,” “anticipates,” “believes,”
“estimates,” “guidance,” and similar words or phrases.
Forward-looking statements in this release may include, among
others, estimates of future revenues, operating income, earnings,
earnings per share, charges, total contract value, backlog,
outstanding shares and cash flows, as well as statements about
future dividends, share repurchases and other capital deployment
plans. Such statements are not guarantees of future performance and
involve risk, uncertainties and assumptions, and actual results may
differ materially from the guidance and other forward-looking
statements made in this release as a result of various factors.
Risks, uncertainties and assumptions that could cause or contribute
to these material differences include those discussed in the “Risk
Factors,” “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” and “Legal Proceedings”
sections of our Annual Report on Form 10-K, as updated in any
subsequent Quarterly Reports on Form 10-Q and other filings with
the SEC, which may be viewed or obtained through the Investor
Relations section of our website at saic.com or on the SEC’s
website at sec.gov. Due to such risks, uncertainties and
assumptions you are cautioned not to place undue reliance on such
forward-looking statements, which speak only as of the date hereof.
SAIC expressly disclaims any duty to update any forward-looking
statement provided in this release to reflect subsequent events,
actual results or changes in SAIC’s expectations.
SAIC also disclaims any duty to comment upon or correct
information that may be contained in reports published by
investment analysts or others.
Media Contact:
Kara Ross703.362.6046 | kara.g.ross@saic.com
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