Summary
Western Digital Corporation (WDC) filed an 8-K on May 5, 2015, to announce a regular cash dividend declaration. The company's Board of Directors declared a quarterly cash dividend of $0.50 per share for the quarter ending July 3, 2015. This dividend is a routine shareholder return, indicating the company's ongoing commitment to providing value to its investors through consistent distributions.
Key Highlights
- 1Western Digital declared a cash dividend of $0.50 per share.
- 2The dividend is for the quarter ending July 3, 2015.
- 3The payment date for the dividend is July 15, 2015.
- 4Shareholders of record as of July 3, 2015, will receive the dividend.
- 5This filing is a standard Regulation FD disclosure regarding dividend policy.
- 6The announcement was made on May 5, 2015, with an event date of May 4, 2015.
Frequently Asked Questions
The primary purpose of this 8-K filing is to publicly disclose Western Digital Corporation's declaration of a regular quarterly cash dividend to its shareholders, as required by Regulation FD.
The cash dividend is $0.50 per share, and it will be paid on July 15, 2015, to shareholders of record as of July 3, 2015.
This filing details a routine cash dividend payment. It indicates the company's continued commitment to returning value to shareholders through regular distributions, rather than signaling a significant shift in financial strategy.
Shareholders who are on record with Western Digital Corporation as of the close of business on July 3, 2015, are eligible to receive the cash dividend.