Xerox Declares Increase in Quarterly Dividend on Common Stock

Xerox’s board of directors has declared an 8.7% increase in the company’s quarterly cash dividend to $0.0625 per share on Xerox common stock. The dividend is payable on April 30, 2014 to shareholders of record on March 31, 2014.

The board also declared a quarterly cash dividend of $20 per share on Xerox Series A Convertible Perpetual Preferred Stock. The dividend is payable on April 1, 2014 to shareholders of record on March 15, 2014.