McAfee Declares Special Dividend

Rhea-AI Summary

McAfee Corp. (NASDAQ: MCFE) declares a one-time special cash dividend of $4.50 per share following the successful sale of its Enterprise business. This dividend is scheduled for payment on August 27, 2021, to shareholders on record as of 5:00 p.m. EST on August 13, 2021. The ex-dividend date is August 16, 2021, ensuring that investors are well-informed about the timeline for this significant cash return.

Positive

• One-time special cash dividend of $4.50 per share enhances shareholder value.

Negative

• None.

McAfee Corp. (“McAfee” or the “Company”) (NASDAQ: MCFE), a global leader in online protection, announced that, in connection with the recently completed sale of its Enterprise business, the Company’s Board of Directors has declared a one-time special cash dividend of $4.50 per share on the Company’s Class A common stock. The dividend is payable on or about August 27, 2021 to shareholders of record at 5:00 p.m. Eastern standard time on August 13, 2021. The ex-dividend date will be August 16, 2021, the first business day after the record date.

About McAfee

McAfee is a global leader in online protection. www.mcafee.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20210803006021/en/

FAQ

What is the amount of the special cash dividend declared by McAfee (MCFE)?

The special cash dividend declared by McAfee is $4.50 per share.

When is the payment date for McAfee's special cash dividend?

The payment date for the special cash dividend is on August 27, 2021.

What is the ex-dividend date for McAfee's special cash dividend?

The ex-dividend date is August 16, 2021.

Who is eligible to receive the special cash dividend from McAfee?

Shareholders of record at 5:00 p.m. EST on August 13, 2021, are eligible to receive the special cash dividend.