Seagate Technology Holdings PLC (STX) To Go Ex-Dividend on December 23rd

Posted by Brenda Bartman on Oct 29th, 2026

Seagate Technology Holdings PLC (NASDAQ:STX – Get Free Report) announced a quarterly dividend on Tuesday, October 27th. Stockholders of record on Wednesday, December 23rd will be given a dividend of $0.76 per share by the data storage provider on Thursday, January 7th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, December 23rd. This is a 2.7% increase from Seagate Technology’s previous quarterly dividend of $0.74.

Seagate Technology has a payout ratio of 30.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Seagate Technology to earn $57.90 per share next year, which means the company should continue to be able to cover its $2.96 annual dividend with an expected future payout ratio of 5.1%.

Seagate Technology Trading Up 4.5%

Shares of NASDAQ:STX opened at $697.97 on Thursday. The company’s 50-day moving average price is $805.84 and its two-hundred day moving average price is $684.81. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.67 and a quick ratio of 1.17. Seagate Technology has a one year low of $228.61 and a one year high of $1,145.00. The stock has a market capitalization of $158.71 billion, a PE ratio of 50.29 and a beta of 2.06.

Seagate Technology (NASDAQ:STX – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The data storage provider reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.45 by $0.23. Seagate Technology had a net margin of 26.11% and a return on equity of 369.98%. The firm had revenue of $4.23 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same period in the prior year, the firm posted $2.61 earnings per share. The company’s quarterly revenue was up 61.0% compared to the same quarter last year. On average, equities analysts forecast that Seagate Technology will post 35.79 EPS for the current fiscal year.

Seagate Technology News Roundup

Here are the key news stories impacting Seagate Technology this week:

Positive Sentiment: Quarterly results exceeded expectations. Seagate reported adjusted earnings of $7.68 per share and revenue of $4.23 billion, surpassing estimates of $7.45 and $4.15 billion, respectively. Revenue rose 61% year over year, while earnings nearly tripled from the prior-year quarter. Seagate Technology Shares Climb Following Better-Than-Expected Earnings
Positive Sentiment: AI and data-center demand remain powerful growth drivers. Data-center revenue increased 63% year over year and represented about 90% of shipped capacity. Most nearline exabyte supply is committed under customer agreements through 2028, while management expects favorable pricing, strong demand and HAMR adoption to support further growth. Seagate Technology Key Takeaways
Positive Sentiment: Forward guidance was robust. Seagate forecast approximately $4.8 billion in December-quarter revenue and $9.20 in non-GAAP EPS, with supply commitments extending into 2030. Its Mozaic HAMR platform also reached an important interoperability milestone that could accelerate AI-storage adoption. Seagate Earnings Call Highlights
Positive Sentiment: Capital returns improved modestly. Seagate raised its quarterly dividend 2.7% to $0.76 per share, although the roughly 0.4% yield is small relative to the company’s growth-focused valuation.
Neutral Sentiment: Analysts remain broadly constructive but more cautious. Wells Fargo, TD Cowen and Citigroup lowered price targets while retaining bullish ratings; Wedbush maintained an outperform rating. The revisions suggest expectations remain positive, but analysts see less near-term upside after the stock’s prior run.
Negative Sentiment: Investors initially focused on slowing shipment growth, margin concerns and valuation. Despite the earnings beat, some analysts flagged a deceleration in exabyte growth and a potentially steep slowdown implied by guidance, prompting downgrades and target cuts. Profit-taking after a substantial rally also contributed to the initial weakness. Seagate Pullback on Slower Exabyte Growth

Seagate Technology Company Profile

(Get Free Report)

Seagate Technology Holdings plc (NASDAQ: STX) is a data storage company that develops and manufactures mass-capacity storage products and solutions. Its portfolio is centered on hard disk drives (HDDs) used in cloud data centers, enterprise systems, network-attached storage, video and imaging applications, and personal computers.

The company also provides storage-related services and solutions designed to help organizations store, manage, protect, and access large volumes of digital information.