Western Digital (WDC) Declares $0.50 Quarterly Dividend; 3.8% Yield

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Western Digital Board Declares Quarterly Dividend

August 7, 2019 4:05 PM EDT

SAN JOSE, Calif.--(BUSINESS WIRE)-- Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a quarterly cash dividend of $0.50 per share of common stock (the "cash dividend"). The cash dividend will be paid on October 22, 2019, to the company's stockholders of record as of October 4, 2019.

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 financing documents,... More