Published on 7 Apr 2024 on Simply Wall St. via Yahoo Finance

Science Applications International Corporation (NASDAQ:SAIC) Looks Like A Good Stock, And It's Going...

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Science Applications International Corporation (NASDAQ:SAIC) is about to trade ex-dividend in the next 3 days. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Science Applications International's shares on or after the 11th of April, you won't be eligible to receive the dividend, when it is paid on the 26th of April.

The company's next dividend payment will be US$0.37 per share. Last year, in total, the company distributed US$1.48 to shareholders. Last year's total dividend payments show that Science Applications International has a trailing yield of 1.1% on the current share price of US$129.66. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing.

See our latest analysis for Science Applications International