Background: Seagate Technology makes hard-disk drives for enterprise storage, client compute and client non-compute market applications worldwide.
52-Week Range: $18.14 to $35.71Price to Book: 3.5 Earnings Payout Percentage: 13% TheStreet's Kate Stalter writes about Seagate in
Seagate currently pays $1.52 per share in dividends for a yield of 4.8%. Last month Seagate raised their dividend once again from 32 cents a share to 38 cents. In the last month, the stock performed well with a 7.3% increase. After dipping below $25 a share in late November, the shares have aggressively moved higher, with two gaps higher along the way. The speed the shares have appreciated gives me pause because I don't like to chase prices.