Seagate Technology (STX) Raises Quarterly Dividend 16.7% to $0.63; 6.8% Yield
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Seagate Technology Raises Targeted Annual Dividend 17% to $2.52
October 21, 2015 4:06 PM EDTCUPERTINO, Calif.--(BUSINESS WIRE)-- Seagate Technology plc (NASDAQ: STX) today announced that its Board of Directors has approved a 17 percent increase in the companys targeted regular cash dividend. The targeted annual dividend will increase from $2.16 to $2.52 per share and will continue to be paid quarterly. The first payment at the new quarterly rate of $0.63 per share is scheduled to be paid on November 20, 2015 to shareholders of record as of the close of business on November 6, 2015. The declaration and payment of any future quarterly dividends will continue to be at the discretion of... More
