Xerox Corp. (XRX) Lowers Quarterly Dividend 80% to $0.025; 2% Yield
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Xerox Updates Capital Allocation Policy Ahead of Lexmark Acquisition
May 22, 2025 4:30 PM EDTNORWALK, Conn.--(BUSINESS WIRE)-- Xerox announced today that its Board of Directors approved an update to its dividend policy in anticipation of the closing of the Lexmark transaction, reducing the quarterly dividend to $0.025 per share ($0.10 per share annualized). Accordingly, Xerox announced the declaration of a quarterly dividend of $0.025 per share on Xerox Holdings Corporation Common Stock. The dividend is payable on July 31, 2025, to shareholders of record on June 30, 2025.
In December 2024, Xerox announced a reduction to its dividend in conjunction with the planned acquisition of Lexmark, reflecting the prioritization of debt repayment following acquisition close. Since then,... More
