Is Xerox’s 7% Yield As Shaky As Its Stock?
June 19, 2024 at 20:10 PM EDT
Sales dropped 12% in Q1. And the company hasn’t been profitable since 2020. But the stock does pay a juicy $0.25 per share quarterly dividend, which equates to a 7.2% yield. Can Xerox continue to offer such a high payout to shareholders?
