Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Rhea-AI Summary

Xerox Holdings Corporation (NASDAQ: XRX) announced a quarterly dividend of $0.25 per share for its common stock, payable on January 31, 2023, to shareholders of record as of December 31, 2022. Additionally, a dividend of $20.00 per share has been declared for the Series A Convertible Perpetual Preferred Stock, payable on January 3, 2023, to shareholders of record on December 15, 2022. This reflects the company's commitment to returning value to shareholders while maintaining a strong position in digital transformation.

Positive

• Quarterly dividend of $0.25 per share for common stock declared.
• Commitment to returning value to shareholders indicated by the dividend announcement.
• Quarterly dividend of $20.00 per share on Series A Convertible Perpetual Preferred Stock.

Negative

• None.

NORWALK, Conn.--(BUSINESS WIRE)-- Xerox Holdings Corporation (NASDAQ: XRX) announced today that its board of directors declared a quarterly dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on January 31, 2023, to shareholders of record on December 31, 2022.

The board also declared a quarterly dividend of $20.00 per share on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on January 3, 2023, to shareholders of record on December 15, 2022.

About Xerox Holdings Corporation (NASDAQ: XRX)

For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power today’s workforce. From the office to industrial environments, our differentiated business solutions and financial services are designed to make every day work better for clients — no matter where that work is being done. Today, Xerox scientists and engineers are continuing our legacy of innovation with disruptive technologies in digital transformation, augmented reality, robotic process automation, additive manufacturing, Industrial Internet of Things and cleantech. Learn more at xerox.com.

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Xerox^® is a trademark of Xerox in the United States and/or other countries.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221020006135/en/

Media:

Justin Capella, Xerox, +1-203-258-6535, Justin.Capella@xerox.com



Investors:

David Beckel, Xerox, +1-203-849-2318, David.Beckel@xerox.com

Source: Xerox Holdings Corporation

FAQ

What is the dividend amount for Xerox stock (XRX)?

Xerox has declared a quarterly dividend of $0.25 per share for its common stock.

When will Xerox's dividend be paid?

The dividend for common stock will be paid on January 31, 2023.

What is the record date for the dividend payment for Xerox common stock?

The record date for the common stock dividend is December 31, 2022.

What is the dividend amount for Xerox's Series A Preferred Stock?

The quarterly dividend for Series A Convertible Perpetual Preferred Stock is $20.00 per share.

When will the Series A Preferred Stock dividend be paid?

The dividend for Series A Preferred Stock will be paid on January 3, 2023.