Leidos Holdings, Inc. (NYSE:LDOS) Announces $0.43 Quarterly Dividend

Leidos Holdings, Inc. (NYSE:LDOS) declared a quarterly dividend on Friday, July 31st. Investors of record on Tuesday, September 15th will be given a dividend of 0.43 per share by the aerospace company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

Leidos has increased its dividend by an average of 0.0%annually over the last three years and has raised its dividend annually for the last 6 consecutive years. Leidos has a payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Leidos to earn $12.62 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 13.6%.

Leidos Trading Down 0.5%

LDOS stock traded down $0.63 during midday trading on Friday, reaching $128.92. 1,226,374 shares of the company’s stock traded hands, compared to its average volume of 1,085,278. The company has a market capitalization of $16.18 billion, a P/E ratio of 12.03, a PEG ratio of 1.44 and a beta of 0.56. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60. Leidos has a fifty-two week low of $98.86 and a fifty-two week high of $205.77. The business has a 50-day moving average price of $125.65 and a two-hundred day moving average price of $136.33.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same period in the previous year, the firm earned $3.21 earnings per share. Leidos’s revenue for the quarter was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities research analysts forecast that Leidos will post 12.28 EPS for the current fiscal year.

Leidos announced that its Board of Directors has authorized a share repurchase program on Friday, July 31st that allows the company to buyback 20,000,000 shares. This buyback authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback programs are often an indication that the company’s management believes its shares are undervalued.

About Leidos

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.