Leidos Holdings, Inc. (NYSE:LDOS – Get Free Report) announced a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.43 per share by the aerospace company on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th.
Leidos has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 6 years. Leidos has a dividend payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Leidos to earn $12.97 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 13.3%.
Leidos Stock Down 0.0%
LDOS traded down $0.03 during midday trading on Friday, reaching $122.05. The company’s stock had a trading volume of 1,198,359 shares, compared to its average volume of 1,161,002. The firm has a market capitalization of $15.35 billion, a price-to-earnings ratio of 11.18, a PEG ratio of 1.55 and a beta of 0.50. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos has a 1 year low of $121.20 and a 1 year high of $205.77. The stock’s 50-day moving average is $137.96 and its 200-day moving average is $166.31.
Leidos Company Profile
Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.
Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.
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