Seagate Technology Stock To Go Ex-dividend Monday (STX)

NEW YORK ( TheStreet) -- The ex-dividend date for Seagate Technology (Nasdaq: STX) is Monday, April 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 25 cents per share. At a price of $28.97 as of 9:30 a.m. ET, the dividend yield is 3.2%.

The average volume for Seagate Technology has been 12.4 million shares per day over the past 30 days. Seagate Technology has a market cap of $13.92 billion and is part of the technology sector and computer hardware industry. Shares are up 89.6% year to date as of the close of trading on Thursday.

Seagate Technology Public Limited Company designs, manufactures, markets, and sells hard disk drives for enterprise, client compute, and client non-compute market applications worldwide.

TheStreet Ratings rates Seagate Technology as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, notable return on equity, attractive valuation levels and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Seagate Technology Ratings Report.

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