Today's Hard|Forum Post
Today's Hard|Forum Post

Friday January 27, 2012

Seagate Technology Increases Quarterly Cash Dividend By 39%

Seagate Technology today announced that its Board of Directors (the "Board") has approved an increase to its quarterly cash dividend from $0.18 per share to $0.25 per share, an increase of 39%. The increase is effective with the dividend payable on March 1, 2012 to shareholders of record as of the close of business on February 15, 2012. The payment of any future quarterly dividends will be at the discretion of the Board and will be dependent upon Seagate’s financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board.

Comments