Perspecta Adds New Board Member, Raises Quarterly Cash Dividend; Mac Curtis Quoted

Mac Curtis

TYSONS CORNER, VA, June 3, 2019 — Perspecta‘s (NYSE: PRSP) board of directors named a new member and approved a 20-percent increase to the company’s cash dividend to $0.06 per share for the recent quarter of its fiscal year 2020, GovCon Wire reported May 22.

The company said May 21 it will pay out the quarterly dividend on July 16 to shareholders of record as of June 5.

“We are committed to returning cash to shareholders as part of our balance capital allocation program, and the dividend is an important component of that plan,” said Mac Curtis, president and CEO of Perspecta and a 2019 Wash100 awardee.

Glenn Eisenberg, executive vice president and chief financial officer of LabCorp (NYSE: LH), joined the Perspecta board’s audit committee effective May 21.

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