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. 


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