Booz Allen Hamilton Corporation (BAH) will raise its quarterly dividend by 13.3 percent to $0.17 per share. This follows a 15.4 percent dividend hike in the previous year.
The increased dividend will be payable on February 28, 2017, to stockholders of record on February 10, 2017.
Booz Allen Hamilton Holding Corporation is a provider of management and technology, consulting and engineering services to the United States and international governments, corporations and not-for-profit organizations. The company was founded in 1914 by Edwin Booz, one of the pioneers of management consulting. In 1940, Booz Allen began serving the U.S. government by advising the Secretary of the Navy in preparation for World War II. The company has expanded beyond its management consulting foundation to develop deep expertise in the fields of analytics, digital solutions, engineering and cyber.