Seagate Technology Holdings (STX) DIvidends Date & History

Key Takeaways

• Seagate Technology Holdings plc pays a quarterly dividend of $0.74 per share, for an annualized total of $2.96.
• The current dividend yield stands at 0.34%, reflecting the stock's recent price appreciation.
• The payout ratio is approximately 20-21%, indicating conservative distribution relative to earnings.
• Free cash flow coverage remains robust, supporting dividend sustainability amid strong operational performance.
• Seagate has maintained consistent quarterly payments over many years with modest recent growth.
• The dividend profile suits investors seeking stability over high current income.

Dividend Overview

Seagate Technology Holdings plc distributes dividends on a quarterly schedule. The most recent quarterly payment is $0.74 per share, resulting in an annualized dividend of $2.96. Based on the recent share price near $859, this produces a trailing twelve-month yield of 0.34%. The company follows a policy of returning capital to shareholders while prioritizing financial flexibility. Seagate is not typically viewed as a high-yield stock; instead, it offers a modest dividend that has grown incrementally in recent periods. This profile appeals to investors who value consistency and coverage over elevated current income.

Dividend History and Growth

Seagate has a long record of dividend payments dating back to 2003, with quarterly distributions maintained consistently. The annualized dividend has increased modestly in recent years, rising approximately 2.8% over the past twelve months. Historical adjustments show steady quarterly amounts with occasional small uplifts, such as the move from $0.72 to $0.74. The company has avoided cuts in recent cycles and demonstrates a measured approach to dividend growth aligned with earnings and cash generation trends.

Dividend Sustainability and Payout Ratio

The payout ratio of roughly 20-21% of earnings provides substantial headroom for the dividend. Free cash flow coverage is also favorable, with the company generating significant cash from operations after capital expenditures. Recent financial results highlight improved profitability and cash generation, further bolstering sustainability. Low leverage and disciplined capital allocation support the view that current payments are well covered and maintain room for potential future adjustments.

Dividend Compared to Industry Peers

Within the technology hardware and storage sector, Seagate's 0.34% yield is lower than certain peers such as HP Inc. (approximately 5.6%) but comparable to or modestly above Western Digital. Other storage and data infrastructure companies exhibit a range of yields, with many prioritizing growth or buybacks over high dividends. Seagate's conservative payout distinguishes it as a lower-yielding but more defensively positioned option relative to higher-distribution names in the broader sector.

AI Screener

Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify dividend stocks, income-focused investments, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Investors seeking dividend opportunities may explore the tool for additional ideas.

Is This Stock Attractive for Dividend Investors?

Seagate Technology Holdings plc may appeal to long-term investors who prioritize dividend sustainability and balance sheet strength over high current yields. The low payout ratio and solid free cash flow coverage suggest resilience through economic cycles, making it potentially suitable for conservative portfolios focused on capital preservation and gradual income growth. Income-oriented investors seeking higher yields might find the current return modest, while dividend growth investors could value the company's consistent payment history and improving fundamentals. The stock's profile aligns with those comfortable holding technology hardware names through market fluctuations, provided they accept lower immediate income in exchange for coverage and potential future adjustments. This analysis is for informational purposes and does not constitute investment advice.

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations