From Yahoo Finance: 2025-05-23 16:35:00

Xerox (XRX) announced a reduction in its quarterly dividend to $0.025 per share in anticipation of the Lexmark transaction. This decision reflects a focus on debt repayment post-acquisition, as debt costs have risen. Flexibility is prioritized due to tariff and trade-related volatility. Dividend payable on July 31, 2025.

Source: TheFly

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Read more: Xerox cuts quarterly dividend to 2.5c per share from 12.5c