SanDisk Added to NASDAQ Technology Dividend Index
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.
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