Xerox Corporation (NYSE:XRX) will begin trading ex-dividend on September 29, 2020. The quarterly dividend payment of $ 0.25 per share is scheduled to be paid on October 30, 2020. The dividend yield based on the latest trading day closing price was 5.56 %. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date..
Dividends History
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Xerox Corporation recently reported first quarter financial results on April 28, 2020, before market open, provider of document management solutions reported income for the first quarter of $ 0.21 per share, from the revenue of $ 1,860.00 million. The quarterly earnings improved 4.55 percent while revenues compared with the same quarter last year.
Wall street analysts are predicting, XRX to report 1Q20 income of $ 0.36 per share from revenue of $ 1,720.00 million. The bottom line results missed street analysts by $ 0.15 or 41.67 percent, at the same time, top line results outshined analysts by $ 140.00 million or 8.14 percent.
Stock Performance
Shares of Xerox Corporation traded up $ 0.19 or 1.07 percent on Friday, reaching $ 17.98 with volume of 2.01 million shares. Xerox Corporation has traded high as $ 18.07 and has cracked $ 17.60 on the downward trend
According to the previous trading day, closing price of $ 17.98, representing a 25.11 % increase from the 52 week low of $ 14.22 and a 54.93 % decrease over the 52 week high of $ 39.47.
The company has a market capital of $ 3.91 billion and is part of the Technology sector and Information Technology Services industry.
Xerox Corporation designs, develops, and sells document management systems and solutions worldwide. It offers intelligent workplace services, including managed print services; digitization services; and digital solutions, such as workflow automation, personalization and communication software, and content management. The company also provides desktop monochrome and color printers, and multifunction printers; copiers, digital printing presses and light production devices, and solutions; graphic communications and commercial printers; inkjet presses; and FreeFlow portfolio of software solutions for the automation and integration of print jobs processing.
