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.

Check Also

Cybersecurity

Rule Change to Add CMMC Requirements to Contracts Completes Interagency Review

The Department of Defense’s Cybersecurity Maturity Model Certification has undergone an interagency review as part of a rulemaking process needed to make CMMC a part of the Defense Federal Acquisition Regulations, FedScoop reported Tuesday.

US Navy battleships

Life Cycle Engineering, McKean Defense Win Shared $78M Navy IDIQ for Navigational Tech Support

Life Cycle Engineering and McKean Defense Group have been selected to help the U.S. Navy engineer shipboard navigational equipment under an indefinite-delivery/indefinite-quantity contract worth potentially $78.3M over five years.