Western Digital Corp (WDC) has declared a quarterly dividend of $0.13 per share, payable to shareholders of record. This marks a notable 25% increase from the previous dividend of $0.10 per share.
The ex-dividend date is set for December 3, 2025. Investors must own shares before this date to qualify for the dividend payment, which will be distributed on December 17, 2025. The current dividend yield stands at 0.31%, reflecting the annual dividend income relative to the stock price.
Such decisions reflect management's confidence in the company's financial health and commitment to returning capital to shareholders. Western Digital, which operates in the technology sector, is known for its development, manufacture, marketing, and sale of data storage devices and solutions. The company, headquartered in San Jose, California, employs approximately 40,000 individuals and serves a wide range of markets including cloud, client, and consumer.
With a market capitalization of $55.9 billion, Western Digital has a P/E ratio of 21.70 and an EPS of 7.04. The upcoming earnings reports are scheduled for April 27, 2026, and July 27, 2026, with estimated EPS of $1.92 and $1.71, respectively. This update provides insight into the company’s cash flow generation and capital allocation strategy, which can be appealing to income-focused investors. However, it’s essential to remember that dividends are not guaranteed and can fluctuate based on business performance and management decisions.