Western Digital Initiates Quarterly Dividend

Dow Jones

04/30

By Adriano Marchese

Western Digital on Wednesday said its board has initiated a quarterly dividend for shareholders of the common stock.

The San Jose, Calif., data-storage company launched a quarterly cash-dividend program starting with the quarter ending on June 27. The dividend will be 10 cents a share, payable on June 18 to shareholders of record as of June 4.

At Tuesday's closing price of $40.62, the new dividend represents a yield of about 1%.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

April 30, 2025 08:30 ET (12:30 GMT)

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