Xerox (NYSE:XRX) is making a fresh copy of its previous common stock dividend. The company has declared a distribution of $0.0575 per share, to be dispensed on Jan. 31 to shareholders of record as of Dec. 31. That amount matches each of the company's three preceding declared payouts, the most recent of which is to be paid on Oct. 31.

Xerox also declared a $20.00-per-share dividend for its series A convertible preferred stock. That will be paid Jan. 1 to holders of record as of Dec. 15.

The just-declared common stock distribution annualizes to $0.23 per share. That yields 2.2% at Xerox's most recent closing stock price of $10.66.

Fool contributor Eric Volkman has no position in Xerox. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.