Xerox maintains dividend stability amid strategic deleveraging
Xerox Holdings (NASDAQ:XRX) announced on Thursday, February 19, 2026, that its board of directors has declared a quarterly cash dividend of $0.025 per share on common stock.
The dividend will be paid on April 30, 2026, to shareholders of record as of the close of business on March 31, 2026.
The company also declared a quarterly dividend of $20 per share on its Series A Convertible Perpetual Preferred Stock.
This payout is scheduled for April 1, 2026, for shareholders of record as of March 15, 2026.
This announcement follows a series of aggressive moves by Xerox to strengthen its balance sheet.
Earlier this week, the company successfully raised $450 million for a new joint venture aimed at long-term capital support.
Additionally, on February 12, the firm completed a pro-rata distribution of warrants to its shareholders—a strategic play designed to accelerate deleveraging while providing investors with potential future upside at an exercise price of $8.00 per share.
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