Western Digital dividend history
Western Digital's dividend was $0.500 a share in fiscal 2026, up 400.0% on the year before. That was 1.8% of net income.
Dividends, buybacks and capital spending
- Buybacks (TTM)
- $3B
- Dividends (TTM)
- $196M
- Returned to shareholders
- 75%
- of free cash flow
- Buybacks, last 3 fiscal years
- $2.7B
- Diluted share count
- +5.8%
- year over year
- Total shareholder yield
- 2.6%
- dividends 0.1% + buybacks 2.4% of market value
- Dividend payout ratio
- 2%
- of net income paid out
- R&D spending
- 7.9%
- of revenue
- Sales & admin spending
- 4.0%
- of revenue
- Days sales outstanding
- 56 days
- receivables vs revenue
Dividends by fiscal year
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jul 2026 | LTMOct 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend per share | — | — | — | — | $1.25 | $1.80 | $2.00 | $2.00 | $2.00 | $2.00 | $1.50 | — | — | — | — | $0.100 | $0.500 | — |
| Dividend per share growth | — | — | — | — | — | +44.0% | +11.1% | 0.0% | 0.0% | 0.0% | −25.0% | — | — | — | — | — | +400.0% | — |
| Dividends paid | — | — | 0 | 181 | 259 | 396 | 464 | 574 | 593 | 584 | 595 | 0 | 0 | 0 | 0 | 44 | 174 | 196 |
| Share buybacks | — | 50 | 604 | 842 | 816 | 970 | 60 | 0 | 591 | 563 | 0 | 0 | — | 0 | 0 | 149 | 2,592 | 3,040 |
| Dividends ÷ net income | — | — | 0.0% | 18.5% | 16.0% | 27.0% | 191.7% | 144.6% | 87.9% | — | — | 0.0% | 0.0% | — | — | 2.3% | 1.8% | 2.0% |
| Dividends ÷ free cash flow | — | — | 0.0% | 8.4% | 11.8% | 24.3% | 33.2% | 20.1% | 17.6% | 87.0% | 336.2% | 0.0% | 0.0% | — | — | 3.4% | 5.0% | 4.6% |
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