Seagate Technology Holdings PLC (STX) Dividends

STX Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. In the case of STX, the dividend discount model StockNews created for the company implies a negative return of 38.85%. To help understand and contextualize the model's evaluation of STX, investors may wish to consider are:

• In comparison to other stocks in the Technology sector, STX provides shareholders with a dividend yield greater than 89.76% such stocks.
• STX's annual revenue of 12 billion US dollars puts it in the large-sized revenue class; relative to suck stocks, its discount rate is lower than that of 89.42% of dividend stocks in the same revenue class (a low discount rate is associated with lower risk).
• Beta tells us how volatile a stock's price is relative to the broader equity index; as for STX, approximately 9.57% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

STX Dividends vs. Peers