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 its common stock, payable on January 31, 2022, to shareholders of record on December 31, 2021. Additionally, the board declared a dividend of $20 per share on the Series A Convertible Perpetual Preferred Stock, payable on January 1, 2022, to shareholders of record on December 15, 2021.

Positive

• Quarterly dividend of $0.25 per share supports shareholder income.
• Confidence in consistent dividend payment may enhance investor sentiment.

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, 2022 to shareholders of record on December 31, 2021.

The board also declared a quarterly dividend of $20 per share on the outstanding Holdings Series A Convertible Perpetual Preferred Stock. The dividend is payable on January 1, 2022 to shareholders of record on December 15, 2021.

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/20211021005919/en/

Media Contact:

Callie Ferrari, APR, Xerox, +1-203-615-3363, Callie.Ferrari@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 declared by Xerox (XRX)?

Xerox announced a quarterly dividend of $0.25 per share on its common stock.

When will the dividend be paid to Xerox shareholders?

The dividend will be payable on January 31, 2022, for shareholders of record on December 31, 2021.

What dividend was declared for Xerox's Series A Convertible Preferred Stock?

The board declared a dividend of $20 per share on the Series A Convertible Perpetual Preferred Stock.

When will the preferred stock dividend be paid?

The dividend on the preferred stock will be payable on January 1, 2022, to shareholders of record on December 15, 2021.