Seagate Technology Dividend Update: Key Details for Investors Before Ex-Dividend Date on Sep 30, 2025

Seagate Technology (STX) has announced its upcoming cash dividend, with an ex-dividend date set for Sep 30, 2025. The dividend announcement was made on Jul 29, 2025, and the payment is scheduled for Oct 9, 2025, at a rate of $0.720 per share. This amount is higher than the average of the last 10 dividends, which stood at approximately $0.421 per share, indicating a notable increase in the company’s payout. The most recent dividend was issued on Jul 8, 2025, with an identical amount of $0.720 per share, also in the form of a cash dividend. Investors looking to qualify for this dividend must purchase the stock before the ex-dividend date, as any purchase after Sep 30, 2025, will not entitle them to the dividend.

Recent market activity surrounding Seagate Technology has been marked by significant price movements and mixed investor sentiment. Over the past month, the stock has risen by approximately 36%, drawing attention from both analysts and financial commentators. Jim Cramer, a prominent market analyst, has expressed cautious optimism, praising Seagate’s performance while questioning whether the company’s valuation is sustainable in a highly competitive industry. Cramer noted that while Seagate’s recent gains are impressive, a valuation multiple of 20 may be excessive given the nature of its business. This sentiment is echoed by some Wall Street analysts, who have issued a “Moderate Buy” rating for the stock, with an average price target of $177.95.

Institutional investors have also shown varied interest in Seagate Technology. Recently, Wedge Capital Management reduced its stake by 18.8%, while major institutional players such as Vanguard Group and Invesco have increased their holdings, reflecting a broader divergence in market outlook. Meanwhile, several hedge funds and private investment firms have adjusted their positions, with Swedbank AB and Tidal Investments LLC both boosting their stakes by double-digit percentages over the past few quarters. These shifts highlight the ongoing debate over Seagate’s valuation and long-term prospects in the data storage industry.

As of late, Seagate has demonstrated strong financial performance, reporting a 29.5% year-over-year increase in revenue to $2.44 billion and earnings per share of $2.59, which exceeded market expectations. The company’s leadership in next-generation technologies like Heat Assisted Magnetic Recording (HAMR) has drawn attention from analysts, who suggest that Seagate has “a lot more upside” in the coming years. Institutional ownership remains strong, with over 92% of the company’s shares held by institutional investors, a sign of continued confidence in its long-term strategy. While the market remains divided on Seagate’s valuation, its recent financial results and technological advancements support a cautiously optimistic outlook.

It is important for investors to note that the ex-dividend date for this dividend is Sep 30, 2025. This means that any investor wishing to receive the $0.720 per share dividend must purchase the stock before this date. Purchases made after Sep 30, 2025, will not qualify for the dividend payment. As the stock continues to attract attention from both institutional and retail investors, staying informed about its fundamentals and market dynamics will be crucial for making well-informed investment decisions.