Xerox Board OKs 6-Cent Common Stock Dividend

XeroxLogoThe board of directors at Xerox (NYSE: XRX) has approved a quarterly cash dividend of 5.75 cents per share on the company’s common stock and a dividend of $20 per share on its Serie A convertible perpetual preferred stock.

Holders of the common stock as of Sept. 30 will receive that dividend on Oct. 31, the company said Thursday.

Shareholders of record as of Sept. 15 for the Serie A stock will receive their dividend Oct. 1.

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