Leidos Holdings Inc (NYSE:LDOS) declared a quarterly dividend on Friday, February 14th, RTT News reports. Stockholders of record on Monday, March 16th will be paid a dividend of 0.34 per share by the aerospace company on Thursday, April 2nd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 1.21%.
Leidos has raised its dividend payment by an average of 2.0% annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Leidos has a payout ratio of 24.8% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Leidos to earn $5.45 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 25.0%.
Shares of LDOS traded down $0.29 during mid-day trading on Friday, reaching $112.81. 1,148,234 shares of the company’s stock were exchanged, compared to its average volume of 782,815. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.00. The company has a 50-day simple moving average of $102.64 and a two-hundred day simple moving average of $90.50. Leidos has a 52-week low of $59.73 and a 52-week high of $113.20. The company has a market cap of $16.00 billion, a price-to-earnings ratio of 24.63, a PEG ratio of 2.71 and a beta of 1.50.
Leidos Company Profile
Leidos Holdings, Inc provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. It operates through three segments: Defense Solutions, Civil, and Health. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.
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