Xerox has 0.9 billion cash and 9.4 billion debt.
Rev is 22 billion and income of 1.2 billion.
Debt is too much.
Xerox pays 2.7 % dividend 2.7/100X6.3 = 17 cents per share 0.17 X 1.27 billion shares= 0.2 billion dollars to be paid. This can be done.
Can some one explain how company like Xerox will pay its debt of 9 billion plus interest?
On the other hand $ 6 is a good price to buy Xerox stock in my opinion.
So I ordered some.