SAIC Board of Directors Declares Cash Dividend
Rhea-AI Summary
Science Applications International Corp (NASDAQ: SAIC) announced a cash dividend of $0.37 per share, payable April 24, 2026 to shareholders of record on April 10, 2026. The company said it intends to continue quarterly dividends, but future declarations will depend on earnings, financial condition, capital requirements and other factors.
Positive
- $0.37 cash dividend declared per share
- Dividend payable on April 24, 2026 to record holders as of April 10, 2026
- Company signals intention to maintain quarterly dividends
Negative
- Future dividends are not guaranteed and depend on earnings and capital needs
- Dividend continuation subject to board discretion each quarter
Key Figures
Market Reality Check
Peers on Argus
SAIC was near flat (-0.07%) while peers like PSN, INGM and VRRM showed larger declines between -2.45% and -3.5%, indicating a stock-specific backdrop rather than a broad sector move.
Previous Management,dividends Reports
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Aug 29 | Quarterly dividend | Neutral | -0.1% | Board declared regular $0.37 quarterly cash dividend with set record date. |
| May 30 | Quarterly dividend | Neutral | +0.2% | Announced $0.37 per share quarterly dividend and intent to maintain payouts. |
| Mar 14 | Quarterly dividend | Neutral | +0.2% | Declared $0.37 dividend with April payment and April record date. |
| Dec 04 | Quarterly dividend | Neutral | -2.5% | Board approved $0.37 dividend payable in January to January record holders. |
| Aug 30 | Quarterly dividend | Neutral | +1.1% | Reiterated $0.37 quarterly dividend and intent to continue regular payments. |
Regular dividend declarations historically led to very small next-day moves around the announcement, suggesting these payouts are well anticipated.
Over the past year, SAIC has consistently declared a quarterly cash dividend of $0.37 per share, with record and payment dates following a similar pattern. These announcements produced modest share price reactions, both slightly positive and negative, implying investors treat them as routine capital returns. Against a backdrop of recent contract wins, preliminary FY26 results, and a new CEO appointment, the latest dividend fits a pattern of maintaining shareholder returns while the company manages broader strategic and financial shifts.
Historical Comparison
Past SAIC dividend declarations with the same tag produced minimal next-day moves (average -0.25%), showing markets typically treat these as routine.
Historical same-tag events show a steady pattern of quarterly $0.37 dividends with similar record and payment timing, underscoring dividend continuity.
Market Pulse Summary
This announcement highlights SAIC’s continuation of a regular cash dividend of $0.37 per share, with clearly defined record and payment dates. Compared with prior dividend declarations, the policy appears consistent, signaling an ongoing commitment to shareholder returns while leaving flexibility for the board to adjust based on earnings, financial condition, and capital needs. Observers may watch upcoming earnings and guidance updates to gauge how sustainable this payout remains within the company’s broader strategy.
Key Terms
cash dividend financial
AI-generated analysis. Not financial advice.
RESTON, Va., March 13, 2026 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of
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 mission 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. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately
Media Contact:
Darryn James
publicrelations@saic.com
Investor Relations Contact:
Jon Raviv
investorrelations@saic.com
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 www.saic.com or on the SEC’s website at www.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.
FAQ
What dividend did SAIC (NASDAQ: SAIC) declare on March 13, 2026?
When will SAIC shareholders receive the cash dividend declared March 13, 2026?
Is SAIC planning to keep paying quarterly dividends after April 2026?
What determines whether SAIC will declare future dividends after the April 2026 payout?
Who is eligible for SAIC's April 24, 2026 dividend payment?
