A Top High-Dividend Stock Paying 8%
When looking for a high dividend yield, it can be difficult to find a solid company which is able to sustain its payout. Today, we will look at whether Seagate Technology PLC (NASDAQ:STX) stock.
Is the High Dividend Safe from STX Stock?
Seagate Technolgoy PLC (NASDAQ:STX) is currently offering a high dividend yield of 7.65%. So is the payout safe, or is this a trap to lure investors?
The most important aspects are how.
STX Stock Offers Both Growth and Income
Seagate Technology PLC (NASDAQ:STX) stock operates in the technology segment of the market. Now, technology companies are known for their high growth, and many investors want exposure to this sector for this reason..
This Dividend Stock Raised Its Payout 152% in the Last 5 Years
When searching for dividend stocks, investors don’t usually look at the tech sector. Due to the industry’s fast-changing nature, people simply don’t expect tech companies to pay sustainable.
STX Stock Is One Dividend-Paying Stock That Should Not Be Ignored
One of the most difficult sectors to find dividend-paying stocks in is the technology sector. That’s because technology stocks have quite large gross margins. Also, rather than paying shareholders.
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