From Yahoo Finance: 2025-05-23 22:31:00

Xerox Holdings Corporation (NASDAQ:XRX) has reduced its quarterly dividend to $0.025 per share, or $0.10 annually, in preparation for the Lexmark acquisition. The stock has fallen over 45% since the start of 2025, with a current dividend yield of 11.12%. The company aims to optimize financial flexibility and improve cash deployment post-acquisition.

Xerox Holdings Corporation, known for print and digital document products, faces rising yields on its debt, prompting a dividend cut ahead of the Lexmark acquisition. CFO Mirlanda Gecaj emphasizes financial flexibility and debt reduction as priorities. The company seeks to enhance capital allocation policy and optimize cash deployment for long-term growth.



Read more at Yahoo Finance: Xerox Holdings Corporation (XRX) Cuts Dividend Again, Now Down to $0.025