SAIC (NASDAQ: SAIC) board approves $0.37 quarterly cash dividend
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Science Applications International Corporation (SAIC) announced that its board of directors declared a cash dividend of $0.37 per share on its common stock. The dividend will be paid on July 24, 2026 to stockholders of record as of July 10, 2026.
SAIC states that it intends to continue paying dividends on a quarterly basis, with each future dividend to be determined by the board based on earnings, financial condition, capital needs and other factors. The company describes itself as a mission integrator with annual revenues of approximately $7.3 billion and a workforce of about 23,000 employees.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Cash dividend per share: $0.37 per share
Dividend payment date: July 24, 2026
Dividend record date: July 10, 2026
+2 more
5 metrics
Cash dividend per share
$0.37 per share
Declared May 28, 2026 on common stock
Dividend payment date
July 24, 2026
Payable date for $0.37 dividend
Dividend record date
July 10, 2026
Stockholders of record eligible for dividend
Annual revenue
$7.3 billion
Approximate annual revenues for SAIC
Employees
23,000
Approximate employee count
Key Terms
cash dividend, stockholders of record, forward-looking statements, Private Securities Litigation Reform Act of 1995, +1 more
5 terms
cash dividend financial
"the company’s board of directors declared a cash dividend of $0.37 per share"
A cash dividend is a payment made by a company to its shareholders directly in money, usually on a regular schedule. It is a way for investors to receive a portion of the company's profits, similar to earning interest or a bonus for holding the company's stock. Cash dividends provide income to shareholders and can indicate the company's financial health and stability.
stockholders of record financial
"payable on July 24, 2026 to stockholders of record on July 10, 2026"
Stockholders of record are the people or entities whose names appear on a company's official shareholder list on a specific cutoff date set by the company or its transfer agent; only those listed are entitled to receive dividends, vote at shareholder meetings, or participate in other corporate actions. Think of it like a guest list for an event: being on the list on the set day determines who gets the benefits and rights, so investors must own shares before the cutoff to qualify.
forward-looking statements regulatory
"Certain statements in this release contain or are based on “forward-looking” information"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the Private Securities Litigation Reform Act of 1995"
backlog financial
"may include, among others, estimates of future revenues, operating income, earnings per share, charges, total contract value, backlog"
A backlog is the amount of work or orders that a company has received but hasn't completed yet. It’s like a restaurant with many dishes to serve; the backlog shows how many orders are still waiting to be finished. It matters because a large backlog can indicate strong demand or potential delays in delivering products or services.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________________________________________________
Form 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 28, 2026
_________________________________________________________
(Exact name of registrant as specified in its charter)
_________________________________________________________
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of Principal Executive Offices) (Zip Code)
(703 ) 676-4300
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events
On May 28, 2026, the Company’s Board of Directors declared a cash dividend of $0.37 per share of the Company’s common stock payable on July 24, 2026 to stockholders of record on July 10, 2026. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
| Exhibit Number | Description of Exhibit | |||||||
99.1 | Press Release dated May 29, 2026 | |||||||
| 104 | Cover Page Interactive Data File, formatted as Inline XBRL | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: May 29, 2026
Science Applications International Corporation
| By: | /s/ Hilary L. Hageman | |||||||
| Hilary L. Hageman | ||||||||
| Executive Vice President, General Counsel and Corporate Secretary | ||||||||
Exhibit 99.1
SAIC Board of Directors Declares Cash Dividend
RESTON, Va., May 29, 2026 – 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 July 24, 2026 to stockholders of record on July 10, 2026.
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 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, intelligence, and civilian 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 23,000 strong; driven by mission, united by purpose, and inspired by opportunities. Headquartered in Reston, Virginia, SAIC has annual revenues of approximately $7.3 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 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.
Media Contact:
Darryn James
publicrelations@saic.com
Investor Relations Contact:
Jon Raviv
investorrelations@saic.com
FAQ
What dividend did SAIC (SAIC) declare in this 8-K filing?
SAIC’s board declared a cash dividend of $0.37 per share on its common stock. The filing notes this as a regular quarterly dividend decision by the board, reflecting its current capital return approach.
When will SAIC’s $0.37 dividend be paid and what is the record date?
The $0.37 per share cash dividend will be paid on July 24, 2026. Stockholders of record on July 10, 2026 will be eligible to receive this dividend, according to the company’s disclosure.
Does SAIC plan to continue paying quarterly dividends?
SAIC states it intends to continue paying dividends on a quarterly basis. However, each future dividend will be decided by the board and depend on earnings, financial condition, capital requirements and other factors described in the release.
How large is SAIC in terms of revenue and employees?
SAIC reports annual revenues of approximately $7.3 billion and a workforce of about 23,000 employees. The company positions itself as a mission integrator serving defense, space, intelligence and civilian markets with high-end technology solutions.
What forward-looking statement cautions did SAIC include with this dividend news?
SAIC notes that the release contains forward-looking statements, including about future dividends and capital deployment. It cautions that actual results may differ due to risks discussed in its Form 10-K, Form 10-Q and other SEC filings.