Seagate Technology Holdings PLC (STX) has declared a quarterly dividend of $0.74 per share, payable to shareholders of record. This marks a 2.8% increase from the previous dividend of $0.72 per share, underscoring management's confidence in the company's financial health.
The ex-dividend date is set for December 23, 2025, meaning investors must own shares before this date to qualify for the dividend payment. The dividend will be disbursed on January 8, 2026, to eligible shareholders. With a current dividend yield of 1.06%, Seagate continues to provide regular income to its investors.
As a significant player in the technology sector, Seagate operates as a holding company engaged in the development, production, and distribution of data storage products. The company employs approximately 30,000 individuals and has a market capitalization of $59.7 billion. Its product portfolio includes hard disk drives (HDDs) and solid-state drives (SSDs), catering to a range of mass capacity storage needs.
Investors may view such dividend announcements as indicative of a company's cash flow generation and capital allocation strategy. Regular dividend payments are often appealing to income-focused investors, though it is essential to recognize that dividends can be adjusted or suspended based on business performance and management decisions. Evaluating the company's dividend history and overall financial health can provide further insight into the sustainability of its dividend payments.
Upcoming earnings are scheduled for July 26, 2026, with earnings per share (EPS) estimated at $2.86 and revenue projected at $2.7 billion. This context further highlights Seagate's ongoing commitment to returning capital to shareholders while navigating the evolving technology landscape.