Seagate Technology Holdings (MIL:1STX) Dividend Payout Ratio : 0.44 (As of Sep. 2024)

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What is Seagate Technology Holdings Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Seagate Technology Holdings's Dividend Payout Ratio for the months ended in Sep. 2024 was 0.44.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Seagate Technology Holdings PLC is 0.91, which seems too high.

The historical rank and industry rank for Seagate Technology Holdings's Dividend Payout Ratio or its related term are showing as below:

MIL:1STX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.61 Max: 14.74
Current: 0.68

During the past 13 years, the highest Dividend Payout Ratio of Seagate Technology Holdings was 14.74. The lowest was 0.36. And the median was 0.61.

MIL:1STX's Dividend Payout Ratio is ranked worse than
81.81% of 1215 companies
in the Hardware industry
Industry Median: 0.47 vs MIL:1STX: 0.68

As of today (2024-12-15), the Dividend Yield % of Seagate Technology Holdings is 2.78%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Seagate Technology Holdings was 12.27%. The lowest was 2.40%. And the median was 4.54%.

Seagate Technology Holdings's Dividends per Share for the months ended in Sep. 2024 was €0.63.

During the past 3 years, the average Dividends Per Share Growth Rate was 1.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 2.40% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 4.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Seagate Technology Holdings was 110.10% per year. The lowest was -24.60% per year. And the median was 7.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Seagate Technology Holdings Dividend Payout Ratio Historical Data

The historical data trend for Seagate Technology Holdings's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Seagate Technology Holdings Dividend Payout Ratio Chart

Seagate Technology Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Dividend Payout Ratio

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1.09

Seagate Technology Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	2.12	0.67	0.44

Competitive Comparison of Seagate Technology Holdings's Dividend Payout Ratio

For the Computer Hardware subindustry, Seagate Technology Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Seagate Technology Holdings's Dividend Payout Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Seagate Technology Holdings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Seagate Technology Holdings's Dividend Payout Ratio falls into.

Seagate Technology Holdings Dividend Payout Ratio Calculation

Seagate Technology Holdings's Dividend Payout Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jun. 2024 )	/	EPS without NRI (A: Jun. 2024 )
	=	1.301	/	1.198
	=	1.09

Seagate Technology Holdings's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Sep. 2024 )	/	EPS without NRI (Q: Sep. 2024 )
	=	0.631	/	1.424
	=	0.44

Seagate Technology Holdings (MIL:1STX) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Seagate Technology Holdings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Seagate Technology Holdings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Seagate Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seagate Technology Holdings PLC (MIL:1STX) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

STX:USA STX:Mexico 847:Germany 847:Germany 847:Germany S1TX34:Brazil STXH:Austria

Address

121 Woodlands Avenue 5, Singapore, SGP, 739009

Website

https://www.seagate.com

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

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