SAIC Stock To Go Ex-dividend Tomorrow (SAI)

NEW YORK ( TheStreet) -- The ex-dividend date for SAIC (NYSE: SAI) is tomorrow, July 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 $14.19 as of 10:05 a.m. ET, the dividend yield is 3.4%.

The average volume for SAIC has been 3.5 million shares per day over the past 30 days. SAIC has a market cap of $4.84 billion and is part of the technology sector and computer software & services industry. Shares are up 24.7% 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.

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TheStreet Ratings rates SAIC as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, good cash flow from operations, notable return on equity and increase in stock price during the past year. 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.

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