Western Digital (WDC) Declares $0.50 Quarterly Dividend; 2.6% Yield

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Western Digital Board Declares Dividend for Fourth Fiscal Quarter 2018

May 2, 2018 7:45 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending June 29, 2018, of $0.50 per share of common stock (the cash dividend). The cash dividend will be paid on July 16, 2018, to the companys stockholders of record as of June 29, 2018.

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