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Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Seagate Technology plc (NASDAQ:STX) due to its excellent fundamentals in more than one area. STX is a notable dividend payer with a an impressive history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Seagate Technology here.
6 star dividend payer with proven track record
STX delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. In addition to beating its historical values, STX also outperformed its industry, which delivered a growth of 95%. This paints a buoyant picture for the company.
Income investors would also be happy to know that STX is one of the highest dividend payers in the market, with current dividend yield standing at 5.1%. STX has also been regularly increasing its dividend payments to shareholders over the past decade.
For Seagate Technology, I've compiled three important factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for STX’s future growth? Take a look at our free research report of analyst consensus for STX’s outlook.
- Financial Health: Are STX’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of STX? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.