Seagate Technology Dividend yield

Seagate Technology is part of Technology Hardware and Equip. business, which is part of Technology industry. Seagate Technology is a company from USA, and his stocks are publicly traded.

Seagate Technology stock dividend

Seagate Technology paid a total dividend of 580 million USD last year, for a market value of 14,654 millions (Market Cap 13,641 millions). Seagate Technology dividend per share is 2.80 USD, and his stock market price 70.79 USD.

According to the chart below, where dividend yield is displayed, Seagate Technology has a dividend yield of 3.96%, which is higher than the amount offered by both the market average and companies from USA. It is also bigger than average of Technology industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Seagate Technology stocks dividend with other Technology Hardware and Equip. companies or other of the high USA dividend stocks list.

Seagate Technology Dividend Payout

About the ability of Seagate Technology to maintain his current dividend of USD 2.80 per share, an amount that accounts for 3.96%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Seagate Technology payout on ernings is currently -111.55%, which is lower than the market average and companies of Technology industry, which are 39.34% and 35.32% respectively. Both figures lead us to believe that there is confidence that Seagate Technologycan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Seagate Technology is USD 4.57 per share, which is higher than the dividend per share paid by the company of USD 2.80, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Seagate Technology, compared againt world market average, USA companies, Technology industry and Technology Hardware and Equip. sector companies.

Seagate Technology Dividend History

Below you will find a table with the historical evolution of Seagate Technology's dividend stock, both in percentage and in USD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year	Yield	USD	Paypout	Shares*
Present	3.96%	2.80	-111.55%	207
2022	5.32%	2.80	34.61%	207
2021	2.48%	2.80	46.36%	223
2020	4.31%	2.68	65.05%	257
2019	4.37%	2.60	32.79%	264
2018	6.53%	2.52	39.81%	287
2017	6.02%	2.52	77.78%	289
2016	6.28%	2.52	177.46%	296
2015	7.01%	2.52	39.94%	302

*In millions

Then you can see the evolution of Seagate Technology dividend stock, and compare it with the average of USA stocks and that of the Technology Hardware and Equip. stocks.

Seagate Technology Stock performance

Finally, last moth Seagate Technology showed a return of 11.50% compared to a worldwide -2.49% average, and a -1.32% of Technology firms. Over the last year, the company obtained a 5.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.