By Aisha Al-Muslim 
 

Science Applications International Corp. (SAIC) said Thursday it increased its quarterly dividend and authorized a replenishment of the share repurchase.

The company, which provides government services and information technology support, raised its quarterly dividend by 6 cents, or about 20%, to 37 cents a share. The dividend is payable on April 26 to shareholders of record on April 12.

The company also said it increased its existing stock repurchase program by about 4.6 million shares to 16.4 million shares, making 6.5 million shares remaining available for repurchase.

 

Write to Aisha Al-Muslim at aisha.al-muslim@wsj.com

 

(END) Dow Jones Newswires

March 28, 2019 16:56 ET (20:56 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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