Leidos Holdings, Inc. (NYSE:LDOS – Get Free Report) announced a quarterly dividend on Friday, May 1st. Investors of record on Monday, June 15th will be given 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 dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, June 15th.
Leidos has increased its dividend by an average of 0.0%per year over the last three years and has increased 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. Equities 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 Trading Down 0.0%
LDOS stock traded down $0.03 during midday trading on Friday, hitting $122.05. 1,198,359 shares of the company’s stock were exchanged, compared to its average volume of 1,161,002. Leidos has a one year low of $121.20 and a one year high of $205.77. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The company has a market cap of $15.35 billion, a PE ratio of 11.18, a price-to-earnings-growth ratio of 1.55 and a beta of 0.50. The stock’s fifty day moving average price is $137.96 and its 200-day moving average price 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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