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Tag Archives: Shareholders

Exelis Declares 10 Cent Dividend for 4Q 2012

The board of directors at ITT Exelis (NYSE: XLS) has approved a cash dividend of 10.33 cents per share for the fourth quarter of 2012, the company announced Thursday. Shareholders of record as of Nov. 16, 2012 will receive the payment on Jan. 1, 2013. The company announced its second quarter …

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CSC Board Announces 20 Cent Dividend

Computer Sciences Corp.’s (NYSE: CSC) board of directors has declared regular quarterly dividend of 20 cents per share on common stock. The company said stockholders of record as of Sept. 5, 2012 will receive the dividend on Oct, 4, 2012. CSC’s board also declared a 20-cent dividend in March, with …

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Booz Allen Set to Issue Special $1B Cash Dividend

Booz Allen Hamilton (NYSE: BAH) has declared a $1 billion cash dividend to shareholders, payable Aug. 31 to shareholders of record as of Aug. 13. According to the Washington Business Journal, the company was considering taking on new debt to finance a large shareholder dividend. The dividend, approved by the …

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L-3 Board OKs Engility Spinoff Stock Distribution; Michael Strianese Comments

L3 Communications’ (NYSE: LLL) board of directors has approved the distribution of the remaining shares of its Engility subsidiary to all of its shareholders. L-3 said every shareholder of record as of July 16 will receive one share of Engility for every six shares of L-3 stock. “Engility will now …

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CGI Plans $2.7B Buy Of UK IT Firm Logica

CGI Group Inc. (NYSE: GIB) plans to acquire England-based information technology firm Logica for nearly $2.7 billion cash, the company announced Thursday. CGI intends to close the acquisition by September and expects the acquisition to increase its earnings per share by between 25 and 30 percent, excluding acquisition-related and integration …

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