Seagate Technology Raises Targeted Annual Dividend 17% to $2.52
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Seagate's (STX) Dividend Hike Called 'Aggressive' at Susquehanna
October 22, 2015 1:10 PM EDTSusquehanna analyst Mehdi Hosseini sees Seagate Technology (NASDAQ: STX) dividend increase as "aggressive", even amidst operational synergies associated with MOFCOM lifting of "hold separate" restrictions announced earlier today.
"While we certainly view the yield as attractive, we believe STX's aggressive capital allocation... More
Seagate Technology (STX) Raises Quarterly Dividend 16.7% to $0.63; 6.8% Yield
October 21, 2015 4:08 PM EDTSeagate Technology (NASDAQ: STX) declared a quarterly dividend of $0.63 per share, or $2.52 annualized. This is a 16.7% increase from the prior dividend of $0.54.
The dividend will be payable on November 20, 2015, to stockholders of record on November 6, 2015, with an ex-dividend date of November 4,... More
