Industry News

Xerox Declares Increase in Quarterly Dividend on Common Stock

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By: Bridget Klebaur

Director of Performance + Engagement / Chief Performance Officer, Office of the Commissioner, NYC Department of Design and Construction

Xerox’s board of directors has declared an 8.7% increase in the company’s quarterly cash dividend to $0.0625 per share on Xerox common stock. The dividend is payable on April 30, 2014 to shareholders of record on March 31, 2014. The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2014 to shareholders of record on March 15, 2014....

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