Western Digital (WDC) Declares $0.50 Quarterly Dividend; 2.1% Yield

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Western Digital Board Declares Dividend For Fourth Quarter Of Fiscal 2015

May 5, 2015 7:20 PM EDT

IRVINE, Calif., May 5, 2015 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending July 3, 2015, of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on July 15, 2015, to the company's stockholders of record as of July 3, 2015.

The amount of future dividends under the company's dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, including the company's financial position, results of operations, cash flows, capital requirements and restrictions... More