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

Leidos Holdings, Inc. (NYSE:LDOS) announced a quarterly dividend on Friday, October 31st. Shareholders of record on Monday, December 15th will be given a dividend of 0.43 per share by the aerospace company on Wednesday, December 31st. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, December 15th. This is a 7.5% increase from Leidos’s previous quarterly dividend of $0.40.

Leidos has raised its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 6 consecutive years. Leidos has a dividend payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Leidos to earn $11.23 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 15.3%.

Leidos Trading Down 0.4%

NYSE LDOS traded down $0.70 during mid-day trading on Friday, reaching $189.83. 1,152,307 shares of the stock were exchanged, compared to its average volume of 743,718. Leidos has a one year low of $123.62 and a one year high of $205.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.62 and a quick ratio of 1.50. The stock has a 50 day simple moving average of $190.55 and a 200-day simple moving average of $175.83. The stock has a market cap of $24.27 billion, a P/E ratio of 17.71, a P/E/G ratio of 1.40 and a beta of 0.58.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The company had revenue of $4.47 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, analysts anticipate that Leidos will post 10.62 EPS for the current year.

About Leidos

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.