Seagate Technology (STX) Raises Quarterly Dividend 38.9% to $0.25; 5.1% Yield

January 26, 2012 4:04 PM EST
Seagate Technology (NASDAQ: STX) declared a quarterly dividend of $0.25 per share, or $1 annualized. This is a 38.9% increase from the prior dividend of $0.18.

The dividend will be payable on March 1, 2012, to stockholders of record on February 15, 2012, with an ex-dividend date of February 13, 2012.

The annual yield on the dividend is 5.1 percent.


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