The ex-dividend date for SAIC (NYSE:SAI) is tomorrow, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $14.55 as of 9:30 a.m., the dividend yield is 3.2%.
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, June 12, 2013. Owners of shares as of market close today will be eligible for a dividend of $1 per share. At a price of $14.55 as of 9:30 a.m. ET, the dividend yield is 3.2%. The average volume for SAIC has been 3.8 million shares per day over the past 30 days. SAIC has a market cap of $5.12 billion and is part of the technology sector and computer software & services industry. Shares are up 32% year to date as of the close of trading on Monday. 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 10.5, below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full SAIC Ratings Report. See our dividend calendar or top-yielding stocks list. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more..