SanDisk Added to NASDAQ Technology Dividend Index
March 19 2014 - 9:00AM
Business Wire
SanDisk Corporation (NASDAQ:SNDK), a global leader in flash
storage solutions, today announced that the company’s common stock
will be included in the NASDAQ Technology Dividend Index
(Nasdaq:NQ96DIVUS), effective prior to market open on March 24,
2014. The NASDAQ Technology Dividend Index, which is evaluated on a
semi-annual basis, includes up to 100 technology and
telecommunications companies that pay a regular or common
dividend.
"Inclusion in the NASDAQ Technology Dividend Index recognizes
our commitment to total shareholder return," said Judy Bruner,
executive vice president, administration and chief financial
officer of SanDisk. "We are pleased to join this group of prominent
dividend-paying technology companies.”
SanDisk initiated its quarterly cash dividend program in the
third quarter of 2013.
About SanDisk
SanDisk Corporation (NASDAQ:SNDK), a Fortune 500 and S&P 500
company, is a global leader in flash storage solutions. For more
than 25 years, SanDisk has expanded the possibilities of storage,
providing trusted and innovative products that have transformed the
electronics industry. Today, SanDisk’s quality, state-of-the-art
solutions are at the heart of many of the world's largest data
centers, and embedded in advanced smart phones, tablets and PCs.
SanDisk’s consumer products are available at hundreds of thousands
of retail stores worldwide. For more information, visit
www.sandisk.com.
© 2014 SanDisk Corporation. All rights reserved. SanDisk and the
SanDisk logo are trademarks of SanDisk Corporation, registered in
the United States and other countries. Other brand names mentioned
herein are for identification purposes only and may be the
trademarks of their respective holder(s).
This news release contains certain forward-looking statements,
including the expectation that we will continue to pay a dividend
and will be added to and continue to be included in the NASDAQ
Technology Dividend Index. Risks that may cause these
forward-looking statements to be inaccurate include, among others,
that we may cease to pay a dividend at any time, we may be removed
from the Technology Dividend Index or the other risks detailed from
time-to-time in our Securities and Exchange Commission filings and
reports, including, but not limited to, our most recent annual
report on Form 10-K. We do not intend to update the information
contained in this press release.
SanDisk CorporationInvestor Contact:Jay Iyer,
408-801-2067jay.iyer@sandisk.comMedia Contact:Lee Garvin
Flanagin, 408-801-2463lee.flanagin@sandisk.com
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