Western Digital Dividend yield




   USD/share 
 Price  49.65
 Dividend  2.00
 Earnings  4.21
 Cash-flow  6.05
 Book value  35.46
 Equity  32.64

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

Western Digital paid a total dividend of 624 million USD last year, for a market value of 15,491 millions (Market Cap 15,461 millions). Dividend per share of Western Digital is 2.00 USD, and his stock market price 49.65 USD.

According to the chart below, where dividend yield is displayed, Western Digital has a dividend yield of 4.03%, 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 Western Digital dividend yield with other Technology Hardware and Equip. companies or firms from USA.

Dividend yield of Western Digital

Western Digital Dividend Payout

About the ability of Western Digital to maintain his current dividend of USD 2.00 per share, an amount that accounts for 4.03%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Western Digital payout on ernings is currently 47.51%, which is higher than the market average, and companies of Technology industry, which are 38.25% and 35.85% respectively. Both figures show that Western Digital can have problems to keep with his present dividend yield.

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 Western Digital is USD 6.05 per share, which is higher than the dividend per share paid by the company of USD 2.00, so the company generates enough cash to maintain his dividend in the future.

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

Western Digital payout

Western Digital Dividend History

Year Yield  USD  Paypout  Shares* 
Present4.03%2.0047.51%312
20213.07%2.0047.51%312
20203.61%2.00117.65%304
20193.15%2.00178.57%297
20185.41%2.0017.32%289
20172.51%2.0037.74%296
20163.14%2.00109.89%279
20153.20%2.0028.21%231

*In millions

Western Digital Stock performance

Finally, last moth Western Digital showed a return of -2.50% compared to a worldwide 1.12% average, and a 0.98% of Technology firms. Over the last year, the company obtained a -25.60% versus a worldwide performance of a 5.73%. More detailed information can be seen in the following graph for USA and Technology Hardware and Equip. firms.

Western Digital stock and market return