Western Digital (WDC) Declares $0.50 Quarterly Dividend; 2.9% Yield

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Western Digital Board Declares Quarterly Dividend

February 13, 2020 4:45 PM EST

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 April 17, 2020, to the company's stockholders of record as of April 3, 2020.

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