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

NEW YORK ( TheStreet) -- The ex-dividend date for Seagate Technology (Nasdaq: STX) is tomorrow, February 6, 2014. Owners of shares as of market close today will be eligible for a dividend of 43 cents per share. At a price of $49.64 as of 9:50 a.m. ET, the dividend yield is 3.4%.

The average volume for Seagate Technology has been 3.5 million shares per day over the past 30 days. Seagate Technology has a market cap of $16.8 billion and is part of the technology sector and computer hardware industry. Shares are down 9% year to date as of the close of trading on Tuesday.

Seagate Technology Public Limited Company designs, manufactures, and sells electronic data storage products.

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TheStreet Ratings rates Seagate Technology as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Seagate Technology Ratings Report.

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