Xerox Declares Dividend on Common and Preferred Stock

Xerox (NYSE: XRX) announced today that its board of directors declared a quarterly cash dividend of $0.25 per share on Xerox common stock. The dividend reflects the one-for-four reverse stock split that became effective on June 14, 2017. The dividend is payable on October 31, 2017 to shareholders of record on September 29, 2017.

The board also declared a quarterly cash dividend of $20 per share on Xerox Series B Convertible Perpetual Preferred Stock. The dividend is payable on October 1, 2017 to shareholders of record on September 15, 2017.

read more/source: https://www.news.xerox.com/news/Xerox-declares-dividend-on-common-and-preferred-stock-July2017

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