Leidos Increases Quarterly Dividend by 4.7% to $0.45 Per Share
Leidos Holdings, Inc. (LDOS) has announced a 4.7% increase in its quarterly dividend, raising the payout from $0.43 to $0.45 per share. This adjustment reflects the company's ongoing commitment to returning value to shareholders amidst various defense and technology contract wins. The dividend is scheduled to be payable on December 31, with a record date and ex-dividend date of December 15. The increase brings the forward dividend yield to approximately 1.26%. This announcement follows recent operational milestones, including significant contract awards and advancements in autonomous vessel deployment for the Navy.
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