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Seagate Technology (STX) Dividend Yield, Date & History

Seagate Technology logo
$87.31 -0.23 (-0.26%)
(As of 12/20/2024 05:51 PM ET)

Seagate Technology Dividend Summary

Dividend Yield
3.30%
Annual Dividend
$2.88
Next
Dividend Payment
Jan. 6
Annualized 3-Year
Dividend Growth
2.24%
Dividend Payout Ratio
75.20%

Seagate Technology (STX) pays an annual dividend of $2.88 per share, with a dividend yield of 3.30%. The next quarterly payment of $0.72 per share is scheduled for Monday, January 6, to investors who owned the stock before the ex-dividend date of Friday, December 13. The company currently pays out 75.20% of its earnings and 162.32% of its cash flow as dividends.

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STX Dividend Payments by Quarter

The chart below displays up to four years of Seagate Technology's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

STX Dividend Yield Over Time

The chart below tracks Seagate Technology's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Seagate Technology vs. The Competition

Compare Seagate Technology's annual dividend, yield, and 3-year growth rate with averages for Computer and NASDAQ companies to evaluate its performance against the market.

TypeSeagate TechnologyComputer CompaniesNASDAQ Companies
Annual Dividend$2.88$0.03$1.31
Dividend Yield3.30%2.78%4.21%
Annualized 3-Year Dividend Growth2.24%12.57%14.22%

Seagate Technology Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings75.20%
Based on This Year's Estimate40.11%
Based on Next Year's Estimate26.69%
Based on Cashflow162.32%

Seagate Technology Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/22/2024quarterly$0.72+$0.02
2.86%
2.56%12/13/202412/15/20241/6/2025
7/23/2024Quarterly$0.70 - 2.56%9/23/20249/23/202410/7/2024
4/23/2024quarterly$0.70 - 3.24%6/20/20246/20/20247/5/2024
1/24/2024Quarterly$0.70 - 3.05%3/20/20243/21/20244/4/2024
10/26/2023Quarterly$0.70 - 4.25%12/20/202312/21/20231/9/2024
7/26/2023quarterly$0.70 - 4.83%9/25/20239/26/202310/10/2023
4/20/2023quarterly$0.70 - 4.91%6/20/20236/21/20237/5/2023
1/25/2023quarterly$0.70 - 4.5%3/21/20233/22/20234/6/2023

This table shows Seagate Technology's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Seagate Technology Dividend - Frequently Asked Questions

The current dividend yield for Seagate Technology is 3.30%. Learn more on STX's dividend yield history.

The annual dividend for STX shares is $2.88. Learn more on STX's annual dividend history.

Seagate Technology pays quarterly dividends to shareholders.

Seagate Technology's next quarterly dividend payment of $0.72 per share will be made to shareholders on Monday, January 6, 2025.

Seagate Technology's most recent quarterly dividend payment of $0.70 per share was made to shareholders on Monday, October 7, 2024.

Seagate Technology's most recent ex-dividend date was Friday, December 13, 2024.

Over the past three years, the company's dividend has grown by an average of 2.24% per year.

The most recent change in the company's dividend was an increase of $0.02 on Tuesday, October 22, 2024.

The dividend payout ratio for STX is:
  • 75.20% based on the trailing year of earnings
  • 40.11% based on this year's estimates
  • 26.69% based on next year's estimates
  • 162.32% based on cash flow

Seagate Technology's dividend yield of 3.05% is higher than the average Computer and Technology company that issues a dividend. Seagate Technology's dividend payout ratio of 75.20% may not be sustainable. However, based on earnings estimates, STX will have a more sustainable dividend payout ratio of 26.69% next year.

Looking at the stock as a whole, market analysts rate Seagate Technology stock as a Hold, forecasting limited upside or downside, with the stock seen as fairly valued at this time.


This page (NASDAQ:STX) was last updated on 12/21/2024 by MarketBeat.com Staff
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