The ex-dividend date for SAIC (NYSE:SAI) is tomorrow, April 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.09 as of 9:36 a.m., the dividend yield is 3.5%.
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, April 11, 2013. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $14.09 as of 9:36 a.m. ET, the dividend yield is 3.5%. The average volume for SAIC has been 3.7 million shares per day over the past 30 days. SAIC has a market cap of $4.74 billion and is part of the services sector and diversified services industry. Shares are up 23.1% year to date as of the close of trading on Tuesday. SAIC, Inc. provides scientific, engineering, systems integration, and technical services and solutions in the areas of defense, health, energy, infrastructure, intelligence, surveillance, reconnaissance, and cybersecurity to agencies of the U.S. The company has a P/E ratio of nine, below the S&P 500 P/E ratio of 17.7.
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full SAIC Ratings Report. See our dividend calendar or top-yielding stocks list. It's Official: Action Alerts PLUS beats the S&P 500 with Dividends Reinvested! Cramer and Link were up 16.72% in 2012. Were you? See what they are trading for 14-days FREE.