SAIC Stock To Go Ex-dividend Tomorrow (SAI)

NEW YORK ( TheStreet) -- The ex-dividend date for SAIC (NYSE: SAI) is tomorrow, July 12, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $11.55 as of 9:30 a.m. ET, the dividend yield is 4.1%.

The average volume for SAIC has been 3.4 million shares per day over the past 30 days. SAIC has a market cap of $3.94 billion and is part of the services sector and diversified services industry. Shares are down 6.1% year to date as of the close of trading on Tuesday.

SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions to agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S.

TheStreet Ratings rates SAIC as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full SAIC Ratings Report.

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