Science Applications International Corporation (SAIC) To Go Ex-Dividend on April 10th

Science Applications International Corporation (NASDAQ:SAIC) announced a quarterly dividend on Friday, March 13th. Shareholders of record on Friday, April 10th will be given a dividend of 0.37 per share on Friday, April 24th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, April 10th.

Science Applications International Price Performance

Shares of Science Applications International stock opened at $91.91 on Friday. The stock has a market capitalization of $4.15 billion, a P/E ratio of 11.75 and a beta of 0.31. The business has a 50 day simple moving average of $98.45 and a two-hundred day simple moving average of $98.39. Science Applications International has a 12 month low of $81.08 and a 12 month high of $124.11. The company has a debt-to-equity ratio of 1.64, a current ratio of 1.20 and a quick ratio of 1.20.

Insiders Place Their Bets

In related news, CEO James Reagan acquired 1,000 shares of the stock in a transaction on Tuesday, December 16th. The shares were bought at an average price of $100.17 per share, with a total value of $100,170.00. Following the completion of the purchase, the chief executive officer owned 26,460 shares of the company’s stock, valued at approximately $2,650,498.20. This represents a 3.93% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SAIC. Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of Science Applications International by 324.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the company’s stock valued at $28,000 after acquiring an additional 188 shares during the last quarter. Los Angeles Capital Management LLC acquired a new stake in Science Applications International during the fourth quarter worth about $25,000. Transamerica Financial Advisors LLC raised its stake in Science Applications International by 477.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock worth $26,000 after purchasing an additional 215 shares during the period. Rakuten Securities Inc. raised its stake in Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock worth $30,000 after purchasing an additional 249 shares during the period. Finally, Quent Capital LLC acquired a new position in Science Applications International in the 3rd quarter valued at about $29,000. Hedge funds and other institutional investors own 76.00% of the company’s stock.

About Science Applications International

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.