Summary
This 8-K filing from Western Digital Corporation (WDC), dated August 4, 2015, primarily serves as a Regulation FD disclosure regarding the declaration of a quarterly cash dividend. The Board of Directors approved a dividend of $0.50 per share for the quarter ending October 2, 2015. This dividend is scheduled to be paid on October 15, 2015, to shareholders of record as of October 2, 2015. For investors, this announcement signals continued confidence from management in the company's financial health and its commitment to returning value to shareholders. While this filing does not contain material operational or financial updates beyond the dividend declaration, it confirms WDC's ongoing practice of distributing profits to its equity holders, which is a key consideration for income-focused investors.
Key Highlights
- 1Western Digital Corporation (WDC) declared a quarterly cash dividend.
- 2The dividend amount is $0.50 per share.
- 3The dividend is for the quarter ending October 2, 2015.
- 4The payment date for the dividend is October 15, 2015.
- 5The record date for the dividend is October 2, 2015.
- 6The announcement was made via a Regulation FD disclosure.
- 7No other significant operational or financial information was disclosed in this 8-K filing.