Page title
Section title
- Dividend Yield
- 2.76%
- Payout Ratio
- 2.19%
- Dividend Amount Per Share
- $2.80
- Last Ex-Dividend Date
- Sep 23, 2024
STX Dividend Safety
STX paid out 2.19% of its $335M earnings as dividends over the last 12 months.
Safe
Very Unsafe
Unsafe
Somewhat Safe
Safe
Very Safe
Dividend Payout Ratio
STX's Dividend Payout Ratio of 2.19% is considered safe for the Technology sector, indicating that the company retains enough earnings to support business growth.
Interest Rate Coverage
STX's Interest Coverage Ratio of 1.386 poses a risk, signaling financial challenges due to insufficient earnings to cover interest expenses.
Income Quality
STX shows excellent income quality with a ratio of 2.74. This indicates high-quality earnings and low risk of dividend cuts.
STX Dividend Growth
Seagate Technology Holdings plc(STX) offers a dividend yield of 2.76% and pays $2.80 in dividends per share. Explore the historical dividend growth of STX.
Dividend Stability
STX has maintained stable dividend payments over the past 10 years with no cuts over 5%.
Dividend Growth
STX's dividend payments have shown moderate growth, growing by 2.13% annually over the last 5 years.
Earnings Growth
STX's earnings have shown very poor growth, shrinking by -19.71% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.
STX Dividend Yield Attractiveness
Seagate Technology Holdings plc(STX) provides a dividend yield of 2.76%. Compare this with the averages of its peers, industry, and sector to see how it stacks up.
Yield %
2.00%
2.21%
2.76%
3.84%
Dividend Yield
STX's dividend yield of 2.76% is considered good compared to the sector average of 2.001%, providing a strong safety margin for investors.
STX Cash Flow
Over the past 12 months, STX generated $7B in revenue, produced $664M in free cash flow, and distributed $585M in dividends.
Free Cash Flow Growth
STX's free cash flow has decreased by -10.072% annually over the last 5 years, indicating a weak ability to generate cash and support dividend payments.
STX Free Cash Flow and Dividends Paid
This chart shows the Free Cash Flow (FCF) and the portion of FCF used to pay dividends each year by Seagate Technology Holdings plc. The filled portion of the bar represents the dividends paid, while the remaining portion represents the remaining FCF.