Leidos Holdings Rewards Shareholders With 5.3% Hike in Dividend

Leidos Holdings, Inc. (LDOS) recently announced that its board of directors has approved a 5.3% increase in its quarterly dividend rate. The revised quarterly dividend will be 40 cents per share, payable on Dec. 31, 2024, to shareholders of record at the close of the business on Dec. 16, 2024. Following the recent hike, Leidos will now pay an annual dividend of $1.60 per share. This represents an annual dividend yield of 0.95$168.71 as of Oct. 25, 2024. Can LDOS Sustain Divi ...