Company: Xerox Corp. (XRX)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Xerox is an original equipment manufacturing and software company. Xerox operates in one segment–design, development, and sale of printing technology and related solutions–while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services–a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics. -Morningstar.com-
Symbol: XRX
Recent Price: $9.82
Dividends: $1.00
Yield: 10.19%
Sector: Technology
Industry: Information Technology Services
Address & Company Phone #: 201 Merritt 7 Norwalk CT 06851, 800-835-6100
Transfer Agent: Computershare 800-828-6396
Moody’s Rating: Ba1
Minimum & Maximum Investment: $10 – $5,000/month
Investment Dates: Weekly
Shares to Qualify: 1 Share
Fees: Div.: $0 Cash: $0 Cert: $0 Sells: by Mail, Phone or Internet for $15+12¢/sh.
52 Week High & Low: $19.03, $12.06