Shares of Western Digital Corp (NASDAQ:WDC) ended Tuesday session in red amid volatile trading. The shares closed down -0.41 points or -0.71% at $57.26 with 2.97 million shares getting traded. Post opening the session at $57.34, the shares hit an intraday low of $56.65 and an intraday high of $57.77 and the price vacillated in this range throughout the day. The company has a market cap of $17.10 billion and the numbers of outstanding shares have been calculated to be 284.00 million shares.
Western Digital Corp (WDC) recently declared that the board of directors declared a cash dividend for the quarter ending Dec. 30, 2016, of $0.50 per share of common stock (the “cash dividend”). The cash dividend will be paid on Jan. 17, 2017, to the company’s stockholders of record as of Dec. 30, 2016.
The amount of future dividends under the company’s dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, counting the company’s financial position, results of operations, cash flows, capital requirements and restrictions under the company’s financing documents, and shall be in compliance with applicable law. The board retains the power to modify, suspend or cancel the company’s dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.
Shares of Activision Blizzard, Inc. (NASDAQ:ATVI) ended Tuesday session in red amid volatile trading. The shares closed down -0.08 points or -0.19% at $41.01 with 15.02 million shares getting traded. Post opening the session at $41.01, the shares hit an intraday low of $40.82 and an intraday high of $41.49 and the price vacillated in this range throughout the day. The company has a market cap of $30.03 billion and the numbers of outstanding shares have been calculated to be 743.21 million shares.
Activision Blizzard, Inc. (ATVI) develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games.