UPDATE: NortonLifeLock Inc. (NLOK) Declares $12 Special Dividend (CORRECT)

NortonLifeLock Inc. (NASDAQ: NLOK) declared a special dividend of $12.00 per share.

The dividend will be payable on January 31, 2020, to stockholders of record on January 23, 2020, with an ex-dividend date of February 3, 2020.

"With this special dividend, and the $1.6 billion share repurchase program we recently put in place, we are delivering on our goal to return over 100% of the after-tax proceeds from the sale of our Enterprise Security assets to Broadcom," said Vincent Pilette, NortonLifeLock’s CEO. "We remain committed to returning cash to shareholders through dividends as well as share repurchases. With our strong cashflow, we believe we are well positioned to invest in and execute on our strategy to deliver industry leading consumer Cyber Safety solutions worldwide."

For a dividend history and other dividend-related data on NortonLifeLock Inc. (NLOK) click here.

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