The ex-dividend date for SAIC (NYSE:SAI) is tomorrow, October 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $11.13 as of 9:30 a.m., the dividend yield is 4.2%.
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for SAIC (NYSE: SAI) is tomorrow, October 11, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $11.13 as of 9:30 a.m. ET, the dividend yield is 4.2%. The average volume for SAIC has been 3.4 million shares per day over the past 30 days. SAIC has a market cap of $3.89 billion and is part of the services sector and diversified services industry. Shares are down 8.1% 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.
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TheStreet Ratings rates SAIC as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. 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. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.