Trailing Dividend / Share
$0.12
Western Digital Corporation (WDC) Dividend History
Income profile from 2012 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
0.0%
Payout Ratio
2.4%
Sustainable
Dividend Streak
0 years
WDC Dividend Income Check
Safety
2.4% payout ratio with sustainable safety profile.
Consistency
0 straight years of dividend increases.
Income Trend
Yield on cost is 0.8% and trend is falling.
WDC Dividend Scorecard
Yield & Income
Dividend Yield0.0%
Trailing DPS$0.12
FrequencySemi-Annual
Payments / 12M5
Payout Safety
Earnings Payout2.4%
Earnings SafetySustainable
FCF Payout1.4%
FCF SafetyWell Covered
Piotroski F-Score5/9
Growth
Growth Streak0 years
3Y CAGRN/A
5Y CAGR-15.5%
Yield on Cost (5Y)0.8%
YOC Trendfalling
Total Returns
Buyback Yield0.1%
Total Shareholder Yield0.1%
1Y Total Return991.9%
5Y Total Return819.4%
Div Contribution (5Y)0.9%
Estimated $10K growth (return + dividends):
5Y ago$91,93910Y ago$173,88020Y ago$302,231
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
WDC Income Growth Story
Dividend per share and yield on cost over time (11 years of payments)
WDC Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Western Digital Corporation distributes 2.4% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 1.4%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
WDC does not have a current streak of consecutive dividend increases, with a 5-year CAGR of -15.5%.
Total Shareholder Returns
Beyond cash dividends, WDC returns capital through share repurchases. The combined picture: 0.0% dividend yield, 0.1% buyback yield, 0.1% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 0.8% and is currently falling. The 5-year total return is 819.4%, with dividends contributing 0.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $173,880 today.
WDC Recent Dividend Payments
Last 20 payments · Semi-Annual
TTM Total$6.27
Avg/Payment$0.3134
Latest Change+20.0%
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Jun 5, 2026Latest | $0.1500 | ↑ +20.0% | 11.58% | Jun 17, 2026 |
| Mar 5, 2026 | $0.1250 | — | 17.37% | Mar 18, 2026 |
| Dec 4, 2025 | $0.1250 | ↑ +25.0% | 20.19% | Dec 18, 2025 |
| Sep 4, 2025 | $0.1000 | — | 22.10% | Sep 18, 2025 |
| Jun 4, 2025 | $0.1000 | ↓ -73.5% | 18.37% | Jun 18, 2025 |
| Apr 2, 2020 | $0.3778 | — | 5.21% | Apr 17, 2020 |
| Jan 2, 2020 | $0.3778 | — | 3.05% | Jan 21, 2020 |
| Oct 3, 2019 | $0.3778 | — | 3.46% | Oct 22, 2019 |
WDC Dividend vs Peers
Comparable companies in the same industry
#6 yield in peer group
Div Yield
0.0%
#6 of 6
Safety
Sustainable
2.4% payout
Streak
0Y
-15.5% 5Y CAGR
Total Shareholder
0.1%
#5 of 6
| Company | Mkt Cap | Yield | Payout | Streak | Safety |
|---|---|---|---|---|---|
| WDCWestern Digital Corp… | $163.8B | 0.0% | 2.4% | 0 | Sustainable |
3rd  STXSeagate Technology H… | $171.5B | 0.4% | 40.8% | 1 | Sustainable |
 MUMicron Technology, I… | $752.2B | 0.1% | 6.1% | 1 | Sustainable |
1st  NTAPNetApp, Inc. | $22.1B | 1.8% | 35.8% | 1 | Sustainable |
2nd  AMATApplied Materials, I… | $339.9B | 0.4% | 19.8% | 8 | Sustainable |
 LRCXLam Research Corpora… | $371.1B | 0.3% | 21.5% | 11 | Sustainable |
WDC Annual Dividend History (1990–2026)
37 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $0.28 | — | 2 | — | — | — | 0.7% |
| 2025 | $0.33 | — | 3 | $5.12 | 6.3% | 15.75x | 0.8% |
| 2024 | $0.00 | — | 0 | $-2.61 | — | — | — |
| 2023 | $0.00 | — | 0 | $-5.37 | — | — | — |
| 2022 | $0.00 | — | 0 | $4.75 | — | — | — |
| 2021 | $0.00 | -100.0% | 0 | $2.66 | — | — | — |
| 2020 | $0.76 | -33.3% | 2 | $-0.84 | — | — | 1.9% |
| 2019 | $1.13 | -25.0% | 3 | $-2.58 | — | — | 2.9% |
| 2018 | $1.51 | 0.0% | 4 | $2.20 | 68.7% | 1.46x | 3.8% |
| 2017 | $1.51 | 0.0% | 4 | $1.34 | 112.8% | 0.89x | 3.8% |
Full WDC Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy WDC Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See WDC's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs WDC Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare WDC vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonWDC — Frequently Asked Questions
Quick answers to the most common questions about buying WDC stock.
How much dividend does WDC pay per share?
Western Digital Corporation (WDC) pays a trailing 12-month dividend of $0.12 per share, with a current dividend yield of +0.0%. Payments are made Semi-Annual.
When is WDC's next ex-dividend date?
WDC's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. WDC typically pays dividends Semi-Annual.
Is WDC's dividend safe?
WDC's dividend safety is rated "Sustainable" based on an earnings payout ratio of +2.4% and FCF payout ratio of +1.4%. The dividend history does not yet show a prolonged growth streak.
How many years has WDC increased its dividend?
WDC has not maintained a consecutive growth streak recently. The 5-year dividend CAGR is -15.5%.
How often does WDC pay dividends?
Western Digital Corporation pays dividends Semi-Annual. The trailing 12-month total is $0.12 per share. Dividend data on this page covers 14+ years from 2012 to 2026.
How much would $10,000 invested in WDC grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in WDC five years ago would be worth approximately $91,939 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is WDC's yield on cost for long-term holders?
WDC's yield on cost — the current dividend divided by the original purchase price — is +0.8% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +0.0% market yield, thanks to the lower original cost basis.