Science Applications International (SAIC) DIvidends Date & History

Key Takeaways

• SAIC pays a quarterly dividend of $0.37 per share, totaling $1.48 annually.
• Current dividend yield stands at approximately 1.17% to 1.26%.
• Payout ratio remains low at around 16.6%, indicating strong sustainability.
• Dividends have been paid consistently on a quarterly basis since 2013 with periodic increases.
• Free cash flow and earnings provide ample coverage for the dividend.
• The modest yield appeals to dividend growth investors seeking stability over high income.

Dividend Overview

Science Applications International Corporation (SAIC) maintains a quarterly dividend policy, distributing $0.37 per share four times a year for an annual total of $1.48. The current yield hovers near 1.2%, positioning SAIC as a modest-yield dividend stock rather than a high-yield income vehicle. Payments occur on a regular schedule, with the most recent ex-dividend date on July 10, 2026, and payment on July 24, 2026. In the technology sector, particularly IT services, SAIC is viewed as a dividend growth candidate focused on consistent, sustainable distributions supported by stable government contracts rather than aggressive yield maximization.

Dividend History and Growth

SAIC has delivered uninterrupted quarterly dividends since its public listing structure in 2013. The per-share amount has increased over time, rising from $0.31 in earlier years to the current $0.37 level. This pattern reflects a commitment to gradual growth aligned with earnings expansion. No dividend cuts have occurred, and the company has maintained the same quarterly cadence through economic cycles, underscoring a long-term strategy of returning capital to shareholders while preserving financial flexibility.

Dividend Sustainability and Payout Ratio

The dividend appears highly sustainable. With a payout ratio of approximately 16.6% of earnings, SAIC retains the majority of profits for reinvestment or debt management. Earnings and free cash flow coverage remain robust, supported by predictable revenue from U.S. government clients. Debt levels are manageable relative to cash generation, further bolstering the ability to maintain or grow the dividend without strain. Overall financial stability in the defense and intelligence IT space provides a solid foundation for continued payments.

Dividend Compared to Industry Peers

Within the technology and IT services sector, SAIC’s yield of roughly 1.2% sits modestly above some peers with lower or no dividends while remaining below high-yield names in other industries. Competitors often prioritize share buybacks or reinvestment over distributions, making SAIC’s consistent quarterly approach relatively attractive for income-oriented investors seeking a balance of growth and payout discipline.

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Is This Stock Attractive for Dividend Investors?

Science Applications International Corporation (SAIC) may suit dividend growth investors and long-term conservative investors who prioritize payout sustainability and modest income over high current yields. Its low payout ratio and strong cash flow coverage offer room for future increases, appealing to those building positions over time. Income-focused investors seeking higher yields might find the return modest, while growth-oriented shareholders could value the combination of dividend consistency and capital appreciation potential in the government IT services market. The stock offers a balanced profile without excessive risk to the dividend stream.

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