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Ex-Dividend Reminder: Science Applications International, McGrath RentCorp and Owens Corning

By Dividend Channel Staff, Tuesday, July 13, 10:37 AM ET

On 7/15/21, Science Applications International Corp (NASDAQ:SAIC), McGrath RentCorp (NASDAQ:MGRC), and Owens Corning (NYSE:OC) will all trade ex-dividend for their respective upcoming dividends. Science Applications International Corp will pay its quarterly dividend of $0.37 on 7/30/21, McGrath RentCorp will pay its quarterly dividend of $0.435 on 7/30/21, and Owens Corning will pay its quarterly dividend of $0.26 on 8/6/21.

As a percentage of SAIC's recent stock price of $88.98, this dividend works out to approximately 0.42%, so look for shares of Science Applications International Corp to trade 0.42% lower — all else being equal — when SAIC shares open for trading on 7/15/21. Similarly, investors should look for MGRC to open 0.54% lower in price and for OC to open 0.27% lower, all else being equal.

Below are dividend history charts for SAIC, MGRC, and OC, showing historical dividends prior to the most recent ones declared.

Science Applications International Corp (NASDAQ:SAIC):

McGrath RentCorp (NASDAQ:MGRC):

Owens Corning (NYSE:OC):

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.66% for Science Applications International Corp , 2.16% for McGrath RentCorp, and 1.08% for Owens Corning.


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In Tuesday trading, Science Applications International Corp shares are currently trading flat, McGrath RentCorp shares are off about 1.1%, and Owens Corning shares are off about 0.3% on the day.


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