Home Banking & Finance Xerox announces dividend on common and preferred stock

Xerox announces dividend on common and preferred stock

A quarterly dividend of $0.25 per share on common stock and $20 per share on Series B Convertible Perpetual Preferred Stock.

The board of directors at Xerox has declared a quarterly cash dividend of 25 cents per xerox dividend stockshare on Xerox common stock. According to the Norwalk-based company, the dividend reflects the one-for-four reverse stock split that became effective on June 14, and the dividend will be payable on Oct. 31 to shareholders of record on Sept. 29.

Xerox’s board declared a quarterly cash dividend of $20 per share on Xerox Series B Convertible Perpetual Preferred Stock. The dividend will be payable on Oct. 1 to shareholders of record on Sept. 15.

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Phil Hall's writing for Westfair Communications has earned multiple awards from the Connecticut Press Club and the Connecticut Society of Professional Journalists. He is a former United Nations-based reporter for Fairchild Broadcast News and the author of 10 books (including the 2020 release "Moby Dick: The Radio Play" and the upcoming "Jesus Christ Movie Star," both published by BearManor Media). He is also the host of the SoundCloud podcast "The Online Movie Show," co-host of the WAPJ-FM talk show "Nutmeg Chatter" and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill's Congress Blog, Profit Confidential, The MReport and StockNews.com. Outside of journalism, he is also a horror movie actor - usually playing the creepy villain who gets badly killed at the end of each film.

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