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 on Common Stock, payable on May 1, 2023, for shareholders of record by March 31, 2023. Additionally, the board declared a dividend of $20.00 per share on Series A Convertible Perpetual Preferred Stock, payable on April 3, 2023, to shareholders of record on March 15, 2023. This reflects Xerox's commitment to returning income to shareholders amidst its ongoing innovations in various technologies.

Positive

• Quarterly dividend of $0.25 per share on Common Stock.
• Quarterly dividend of $20.00 per share on Series A Preferred Stock.
• Confidence in returning capital to shareholders through dividends.

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 May 1, 2023, to shareholders of record on March 31, 2023.

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 April 3, 2023, to shareholders of record on March 15, 2023.

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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View source version on businesswire.com: https://www.businesswire.com/news/home/20230216005757/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 Holdings Corporation (XRX)?

Xerox Holdings Corporation declared a quarterly dividend of $0.25 per share on Common Stock.

When is the dividend payable for Xerox Holdings (XRX)?

The dividend on Common Stock is payable on May 1, 2023, to shareholders of record by March 31, 2023.

What is the dividend amount for the Series A Preferred Stock of Xerox (XRX)?

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

When is the Series A Preferred Stock dividend payable for Xerox (XRX)?

The Series A Preferred Stock dividend is payable on April 3, 2023, to shareholders of record by March 15, 2023.

How often does Xerox (XRX) pay dividends?

Xerox typically pays dividends quarterly, as reflected in its recent announcements.