Xerox Holdings Corporation Declares Dividend on Common and Preferred Stock

Rhea-AI Summary

Xerox Holdings Corporation (NYSE: XRX) has declared a quarterly cash dividend of $0.25 per share on its common stock, payable on April 30, 2021, to shareholders on record as of March 31, 2021. Additionally, a quarterly cash dividend of $20 per share was declared for the Series A Convertible Perpetual Preferred Stock, payable on April 1, 2021, to shareholders registered by March 15, 2021.

Positive

• Regular dividend payments enhance shareholder income.
• Confidence in financial stability reflected by ongoing dividend declarations.

Negative

• None.

Xerox Holdings Corporation (NYSE: XRX) announced today that its board of directors declared a quarterly cash dividend of $0.25 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on April 30, 2021 to shareholders of record on March 31, 2021.

The board also declared a quarterly cash dividend of $20 per share on the outstanding Xerox Holdings Corporation Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2021 to shareholders of record on March 15, 2021.

About Xerox

Xerox Holdings Corporation makes every day work better. We are a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, Ethernet, the laser printer or more, Xerox has long defined the modern work experience. Learn how that innovation continues 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/20210218005962/en/

FAQ

What is the dividend amount declared by Xerox (XRX)?

Xerox has declared a quarterly cash dividend of $0.25 per share on common stock.

When is the dividend payable for Xerox common stock?

The dividend is payable on April 30, 2021.

Who is eligible for the Xerox dividend payment?

Shareholders of record on March 31, 2021, will be eligible for the dividend.

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

The dividend for the Series A Preferred Stock is $20 per share.

When is the payment date for the Series A Preferred Stock dividend?

The payment date is April 1, 2021.