The Surging Net Payout Yield of Seagate Technology
When Seagate Technology (NASDAQ: STX) reported
earnings on Monday night, it confirmed that the company had continued a
massive buyback spree that began in January of 2012. Along with a
current 4.5% dividend yield, the stock provides a massive net payout
yield (NPY) of almost 30%.
The company is a worldwide leader in hard disk drives and storage solutions.
Seagate dropped over 9% as investors were disappointed with results more »
Disclosure: Long MSI. Please review the disclaimer page for more details.
The company is a worldwide leader in hard disk drives and storage solutions.
Seagate dropped over 9% as investors were disappointed with results more »
Disclosure: Long MSI. Please review the disclaimer page for more details.
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