Current Yield
0.08%
TTM Dividend/Share
$0.50
Payment Frequency
Quarterly
Payout Ratio
2.9%
Consecutive Growth Years
0
Key takeaways
- Western Digital (WDC) currently yields 0.08%, paying $0.50 per share over the trailing twelve months, distributed quarterly.
- Payout ratio is 2.9% — the share of earnings distributed as dividends.
- 6 of 8 dividend safety checks passed.
- 5-year dividend CAGR of -15.53%.
Dividend health for Western Digital (WDC)
Cash-flow, leverage and returns metrics that signal whether the dividend is well-covered and sustainable.
Chowder score | -15.4% |
FCF payout ratio | 1.6% |
Net debt / EBITDA | -0.0x |
Interest coverage | 16.11x |
ROIC (TTM) | 59.9% |
Dividend safety score for Western Digital (WDC)
Checks covering payout coverage, free-cash-flow support, leverage and dividend-growth durability.
6 of 8 checks passed
Payout ratio below 75%
Payout ratio is 2.9%, well below the 75% threshold.
Free cash flow covers dividend
TTM FCF after dividends is $2.7B — FCF fully covers the payout.
No dividend cuts in 10+ years
1 dividend cut(s) in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 1.6%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is -0.0x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (-15.5%) ≤ EPS growth (41.1%) — sustainable.
This analysis is for informational purposes only and is not financial advice. Safety scores and comparisons reflect historical data and do not predict future performance.
Per-payment dividend history
36 payments from 2012 to 2026 · Adj. Dividend is split-adjusted
| Jun 5, 2026 | Jun 17, 2026 | $0.1500 | $0.1500 |
| Mar 5, 2026 | Mar 18, 2026 | $0.1250 | $0.1250 |
| Dec 4, 2025 | Dec 18, 2025 | $0.1250 | $0.1250 |
| Sep 4, 2025 | Sep 18, 2025 | $0.1000 | $0.1000 |
| Jun 4, 2025 | Jun 18, 2025 | $0.1000 | $0.1000 |
| Apr 2, 2020 | Apr 17, 2020 | $0.5000 | $0.3778 |
| Jan 2, 2020 | Jan 21, 2020 | $0.5000 | $0.3778 |
| Oct 3, 2019 | Oct 22, 2019 | $0.5000 | $0.3778 |
| Jun 27, 2019 | Jul 15, 2019 | $0.5000 | $0.3778 |
| Mar 28, 2019 | Apr 15, 2019 | $0.5000 | $0.3778 |
| Dec 27, 2018 | Jan 14, 2019 | $0.5000 | $0.3778 |
| Sep 27, 2018 | Oct 15, 2018 | $0.5000 | $0.3778 |
- Jun 5, 2026$0.1500
- Mar 5, 2026$0.1250
- Dec 4, 2025$0.1250
- Sep 4, 2025$0.1000
- Jun 4, 2025$0.1000
- Apr 2, 2020$0.5000
- Jan 2, 2020$0.5000
- Oct 3, 2019$0.5000
- Jun 27, 2019$0.5000
- Mar 28, 2019$0.5000
- Dec 27, 2018$0.5000
- Sep 27, 2018$0.5000
Historical dividend yield for Western Digital (WDC)
Dividend per share for Western Digital (WDC)
CAGR (per year)5Y: -15.53%10Y: -14.25%
| Year | Total ($/share) | Payments |
|---|---|---|
| 2012 | $0.38 | 2 |
| 2013 | $0.79 | 4 |
| 2014 | $1.13 | 4 |
| 2015 | $1.51 | 4 |
| 2016 | $1.51 | 4 |
| 2017 | $1.51 | 4 |
| 2018 | $1.51 | 4 |
| 2019 | $1.13 | 3 |
| 2020 | $0.76 | 2 |
| 2025 | $0.33 | 3 |
| 2026 | $0.28 | 2 |
Dividend growth for Western Digital (WDC)
Year-over-year change in total annual dividend per share (split-adjusted, by ex-dividend year). Green is an increase, red a cut.
The table shows 2 year-over-year increases across 13 calendar years of data (2013–2025).
Dividend Increase Track Record
Year-over-year change in total annual DPS (dividends per share, split-adjusted), based on ex-dividend date.
| 2026 | $0.3250 | — | — |
| 2025 | $0.7556 | $0.3250 | -57.0% |
| 2020 | $1.1334 | $0.7556 | -33.3% |
| 2019 | $1.5112 | $1.1334 | -25.0% |
| 2018 | $1.5112 | $1.5112 | 0.0% |
| 2017 | $1.5112 | $1.5112 | 0.0% |
| 2016 | $1.5112 | $1.5112 | 0.0% |
| 2015 | $1.1334 | $1.5112 | +33.3% |
| 2014 | $0.7934 | $1.1334 | +42.9% |
| 2013 | — | $0.7934 | — |
- 2026—
- 2025$0.3250
- 2020$0.7556
- 2019$1.1334
- 2018$1.5112
- 2017$1.5112
- 2016$1.5112
- 2015$1.5112
- 2014$1.1334
- 2013$0.7934
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
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