Perspecta Inc (PRSP) will raise its quarterly dividend by 16.7 percent to $0.07 per share in 2020. Last year the IT-services company hiked its dividend by 20.0 percent. The company has now hiked its dividend for 2 consecutive years.
 

The dividend is payable July 15, 2020 to shareholders of record at the close of business on June 11, 2020. A new annual rate of 28 cents per share yields 1.3% at a stock price of $22.17.
 

Perspecta Inc. provides end-to-end information technology services and mission solutions to government customers. The Company serves intelligence, defense, space, federal civilian, federal healthcare and state and local governments. It provides various solutions in mission services, digital transformation and enterprise operations. Perspecta initiated a quarterly dividend in 2018 following the separation from DXC Technology earlier that year.