Western Digital (WDC) Declares $0.50 Quarterly Dividend; 2.5% Yield

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Western Digital Board Declares Dividend for Third Fiscal Quarter 2017

February 1, 2017 8:12 PM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending March 31, 2017, of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on April 17, 2017, to the company's stockholders of record as of March 31, 2017.

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 under the company's... More