Leidos Holdings, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Leidos Holdings, Inc. (NYSE:LDOS) has announced a quarterly cash dividend of $0.36 per share, payable on December 30, 2021. To qualify, stockholders must be on record by the close of business on December 15, 2021. This decision reflects Leidos' ongoing commitment to return value to shareholders. The company, a leader in technology and engineering, reported annual revenues of approximately $12.30 billion for the fiscal year ending January 1, 2021, and employs around 43,000 individuals.

Positive

• Quarterly cash dividend of $0.36 per share enhances shareholder value.
• Demonstrates confidence in financial health with $12.30 billion in annual revenues.

Negative

• None.

News Market Reaction – LDOS

+1.17%

+1.17% Session move

In the trading session that priced this news, LDOS gained 1.17%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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RESTON, Va., Oct. 29, 2021 /PRNewswire/ -- Leidos Holdings, Inc. (NYSE:LDOS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.36 per outstanding share of common stock of Leidos Holdings, Inc. The cash dividend is payable on December 30, 2021 to stockholders of record as of the close of business on December 15, 2021.

About Leidos

Leidos is a Fortune 500^® technology, engineering, and science solutions and services leader working to solve the world's toughest challenges in the defense, intelligence, civil, and health markets. The company's 43,000 employees support vital missions for government and commercial customers. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $12.30 billion for the fiscal year ended January 1, 2021. For more information, visit www.Leidos.com.

Media contact:

Melissa Lee Dueñas 
(571) 526-6850
Duenasml@leidos.com                              

Investor Relations:

Stuart Davis
(571) 526-6124
ir@leidos.com 

View original content:https://www.prnewswire.com/news-releases/leidos-holdings-inc-declares-quarterly-cash-dividend-301412175.html

SOURCE Leidos

FAQ

What is the dividend amount declared by Leidos Holdings?

Leidos Holdings declared a quarterly cash dividend of $0.36 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on December 30, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is December 15, 2021.

How much revenue did Leidos report in the last fiscal year?

Leidos reported approximately $12.30 billion in annual revenues for the fiscal year ended January 1, 2021.