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 Jud Bruner, executive
vice president, administration and chief financial officer of SanDisk.
"We are pleased to join this group of prominent dividend-paying
SanDisk initiated its quarterly cash dividend program in the third
quarter of 2013.
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,
© 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
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.
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