Seagate Technology (STX) will raise its quarterly dividend by 16.7 percent to $0.63 per share in 2015. This follows last year's dividend increase from 43 cents to 54 cents per share quarterly.
Seagate Technology is a provider of data storage technology and solutions. The company's principal products are hard disk drives, hard drives or HDDs. In addition to HDDs, Seagate produces a broad range of data storage products including solid state drives (“SSDs”), solid state hybrid drives (“SSHDs”) and storage subsystems. Seagate went public on December 11, 2002 and has paid a dividend every year since 2003.