8-KRegulation FDExhibits & Filings

WESTERN DIGITAL CORP 8-K Report, Regulation FD Disclosure (May 16, 2013)

Filed May 16, 2013For Securities:WDC

Summary

Western Digital Corporation (WDC) filed an 8-K on May 16, 2013, primarily to disclose its quarterly cash dividend. The Board of Directors declared a cash dividend of $0.25 per share for the quarter ending June 28, 2013. This dividend is scheduled to be paid on July 15, 2013, to shareholders of record as of June 28, 2013. The company also reiterated its dividend policy, stating that future dividends will depend on various financial factors and are subject to board approval and compliance with existing credit agreements.

Key Highlights

  • 1Western Digital declared a quarterly cash dividend of $0.25 per share.
  • 2The dividend is for the quarter ending June 28, 2013.
  • 3Payment date for the dividend is July 15, 2013.
  • 4Record date for the dividend is June 28, 2013.
  • 5The company's dividend policy is subject to financial performance, cash flow, capital needs, and credit agreement restrictions.
  • 6The Board of Directors retains the right to modify, suspend, or cancel the dividend policy.
  • 7This filing serves as a Regulation FD disclosure regarding the dividend.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly announce Western Digital Corporation's declaration of its quarterly cash dividend for the period ending June 28, 2013, in compliance with Regulation FD.

The cash dividend is $0.25 per share. It will be paid on July 15, 2013, to stockholders who are on record as of June 28, 2013.

No, the dividend is not guaranteed. The company's dividend policy is subject to ongoing review and depends on various factors including financial position, results of operations, cash flows, capital requirements, and any restrictions under existing credit agreements. The Board of Directors has the discretion to modify, suspend, or cancel the dividend policy at any time.

No, this 8-K filing specifically focuses on the declaration of the cash dividend and does not contain new financial statements or other material business updates. The information is presented under Regulation FD Disclosure and is not considered 'filed' for purposes of liability under Section 18 of the Exchange Act unless specifically incorporated by reference in other filings.