Summary
Western Digital Corporation (WDC) filed an 8-K on November 3, 2015, to report a key corporate action: the declaration of a quarterly cash dividend. The company's Board of Directors approved a dividend of $0.50 per share for the quarter ending January 1, 2016. This dividend is scheduled to be paid on January 15, 2016, to shareholders of record on January 1, 2016. This announcement, made via a press release attached as an exhibit, provides important information for investors regarding the company's commitment to returning capital to shareholders. While not considered 'filed' for liability purposes under Section 18 of the Exchange Act, this disclosure is a standard component of corporate governance and investor relations, signaling financial stability and a focus on shareholder value. Investors should note this dividend payment as part of WDC's overall financial strategy and performance.
Key Highlights
- 1Western Digital Corporation (WDC) declared a quarterly cash dividend of $0.50 per share.
- 2The dividend is for the quarter ending January 1, 2016.
- 3The payment date for the dividend is January 15, 2016.
- 4Shareholders of record as of January 1, 2016, will receive the dividend.
- 5The announcement was made on November 3, 2015, via an 8-K filing.
- 6The dividend declaration indicates a commitment to returning capital to shareholders.