Western Digital (WDC) Declares $0.50 Quarterly Dividend; 5% Yield

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Go back to Western Digital (WDC) Declares $0.50 Quarterly Dividend; 5% Yield

Western Digital Board Declares Dividend For Third Quarter Of Fiscal 2016

February 10, 2016 7:07 PM EST

IRVINE, Calif., Feb. 10, 2016 /PRNewswire/ -- Western Digital® Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending April 1, 2016, of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on April 15, 2016, to the company's stockholders of record as of April 1, 2016.

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... More