My Market Wizard

Science Applications International Corp 8-K Analysis & Summary – 3/14/2025

⚠️This is not investment advice.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️

Science Applications Internatio

Filing date:

03/14/2025

TLDR:

Science Applications International Corp. declared a cash dividend of $0.37 per share of common stock, payable on April 25, 2025, to stockholders of record on April 11, 2025.

ELI5:

SAIC is giving its shareholders some money! If you own SAIC stock, you’ll get $0.37 for each share you own, as long as you owned the stock by April 11th. They plan to keep giving out money like this every few months, but it depends on how well the company is doing.

Accession #:

0001571123-25-000017

Published on

Analyst Summary

  • SAIC declared a cash dividend of $0.37 per share, payable on April 25, 2025, to stockholders of record on April 11, 2025.
  • The company intends to continue paying dividends quarterly, but future declarations are subject to board approval and depend on earnings, financial condition, capital requirements, and other factors.
  • SAIC is a Fortune 500 technology integrator with approximately 24,000 employees and annual revenues of approximately $7.4 billion.

Potential Implications

Stock Price

  • The dividend announcement may positively influence the stock price in the short term.
  • Continued dividend payments, if sustained, could attract income-focused investors and provide long-term stock price support.

⚠️ This is an experimental project and this report is for informational purposes only and should not be considered investment advice. Conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. ⚠️