Summary
Western Digital Corporation (WDC) announced on August 1, 2018, via an 8-K filing, the declaration of a quarterly cash dividend. The Board of Directors approved a dividend of $0.50 per share for the quarter ending September 28, 2018. This dividend is scheduled to be paid on October 15, 2018, to shareholders of record as of September 28, 2018. This disclosure primarily serves to inform investors about the company's continued commitment to returning capital to shareholders. While the filing does not contain new financial performance data or strategic shifts, the dividend declaration signals financial stability and confidence in future cash flows. Investors focused on income-generating investments may find this information relevant for their portfolio planning.
Key Highlights
- 1Declaration of a quarterly cash dividend of $0.50 per share.
- 2Dividend payment date is October 15, 2018.
- 3Record date for the dividend is September 28, 2018.
- 4The dividend covers the quarter ending September 28, 2018.
- 5The announcement was made via an 8-K filing on August 1, 2018.
- 6The press release announcing the dividend is attached as Exhibit 99.1.
- 7This filing is primarily for Regulation FD Disclosure and does not include detailed financial statements or strategic updates.