and its a 25% tax.
Basically on 1000 shares - you get your div of $650 bucks but then at the same time you have $162.50 removed from your account for 'Foreign tax paid'.
So your 650.00 quarterly income just dropped to $487.50
or a .4875 div (after foreign tax automatically withdrawn at the same time your account receives the dividend)
So.... technically that means YOU aren't really getting an annual dividend of 2.60 (unless you don't pay a foreign tax)
Once the tax is paid you are actually getting 1.95 or 4.3% annual returns based on todays PPS
Right?
But STX has a good chance of a PPS rise and there is that.
"Then there was a woman, a lion of a woman."
Recent STX News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/08/2024 11:52:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/07/2024 08:28:24 PM
- Tesla Surges 12% with 2025 Affordable Vehicle Promise, Evotec Slumps 36% on Uncertain Outlook, and Latest Earnings • IH Market News • 04/24/2024 11:29:58 AM
- Seagate Technology Reports Fiscal Third Quarter 2024 Financial Results • Business Wire • 04/23/2024 08:05:00 PM
- U.S. Index Futures Rise in Pre-Market, Oil Prices Dip Slightly • IH Market News • 04/23/2024 11:26:41 AM
- Seagate Drives Progress on Its Renewable Energy and Circularity Programs • Business Wire • 04/22/2024 08:48:00 PM
- Seagate Technology to Report Fiscal Third Quarter 2024 Financial Results on April 23, 2024 • Business Wire • 04/09/2024 08:05:00 PM
- S&P 500 May Regain Ground Following Three-Day Losing Streak • IH Market News • 03/27/2024 01:17:23 PM
- U.S. Stocks Close Modestly Lower Following Late-Day Pullback • IH Market News • 03/26/2024 08:39:59 PM
- Super Micro Computer and Seagate Shares Surge on Analyst Optimism in Pre-Market Trading, and Latest News • IH Market News • 03/26/2024 11:20:49 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/05/2024 10:08:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/04/2024 09:14:44 PM
- Seagate Launches New E-commerce Website in the United States • Business Wire • 02/26/2024 04:19:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/23/2024 09:02:44 PM
- Seagate to Participate in Upcoming Investor Event • Business Wire • 02/21/2024 09:05:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 03:13:47 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/09/2024 10:46:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/09/2024 09:09:28 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/06/2024 02:36:34 PM
- OORT Collaborates with Seagate Lyve Services to Strengthen AI-Focused Decentralized Cloud Services • PR Newswire (US) • 01/31/2024 01:41:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 01/26/2024 09:09:01 PM
- Wall Street Highlights: Nokia’s Margins Surprise, FAA Halts Boeing Production Expansion, and More • IH Market News • 01/25/2024 11:25:22 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 09:07:30 PM
- Seagate Technology Reports Fiscal Second Quarter 2024 Financial Results • Business Wire • 01/24/2024 09:05:00 PM
- Wall Street Highlights: eBay Slashes 9% of Workforce, SAP to Reduce 8,000 Positions, and More • IH Market News • 01/24/2024 11:06:14 AM
FEATURED Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • May 8, 2024 9:05 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • BLOZF • May 7, 2024 8:51 AM