A Look at Seagate’s Dividend Yield and 12-Month Target Price
Seagate has a dividend payout ratio of 47.2%, and the firm has increased dividend payments for the last seven years. Seagate has increased its dividend at a CAGR (compound annual growth rate) of 11.3% in the last three years and 33.3% in fiscal 2017. Seagate has tried to improve shareholder value by increasing dividend payments to offset a decline in revenue.