Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Rhea-AI Summary

Xerox Holdings (NASDAQ: XRX) has announced its latest dividend declarations. The board of directors has approved a quarterly dividend of $0.25 per share on Xerox Holdings Common Stock, payable on October 31, 2024, to shareholders of record on September 30, 2024. Additionally, a quarterly dividend of $20.00 per share has been declared on the outstanding Xerox Holdings Series A Convertible Perpetual Preferred Stock, set to be paid on October 1, 2024, to shareholders of record on September 15, 2024. This announcement demonstrates Xerox's commitment to providing regular returns to its shareholders.

Positive

• Consistent dividend payments for both common and preferred stockholders
• Quarterly dividend of $0.25 per share for common stock
• Higher dividend of $20.00 per share for 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 October 31, 2024, to shareholders of record on September 30, 2024.

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 October 1, 2024 to shareholders of record on September 15, 2024.

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 the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at www.xerox.com and explore our commitment to diversity and inclusion.

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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/20240731617708/en/

Media Contact:

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



Investor Contact:

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

Source: Xerox Holdings Corporation

FAQ

What is the dividend amount for Xerox (XRX) common stock in 2024?

Xerox (XRX) has declared a quarterly dividend of $0.25 per share on its common stock for 2024.

When will Xerox (XRX) pay its next common stock dividend in 2024?

Xerox (XRX) will pay its next common stock dividend on October 31, 2024, to shareholders of record on September 30, 2024.

What is the dividend for Xerox (XRX) Series A Convertible Perpetual Preferred Stock?

Xerox (XRX) has declared a quarterly dividend of $20.00 per share on its Series A Convertible Perpetual Preferred Stock.

When is the payment date for Xerox (XRX) preferred stock dividend in 2024?

The payment date for Xerox (XRX) preferred stock dividend is October 1, 2024, for shareholders of record on September 15, 2024.