Summary
Seagate Technology plc (STX) filed an 8-K on January 29, 2016, primarily to announce its financial results for the fiscal second quarter and six months ended January 1, 2016. The filing also served as a notification of the Board of Directors' approval of a quarterly cash dividend. Key takeaways for investors include the declaration of a $0.63 per share dividend, payable on February 23, 2016, to shareholders of record on February 9, 2016. While the specific financial results for the quarter are not detailed within this 8-K itself but rather referenced in an attached press release (Exhibit 99.1), the filing indicates that Seagate is continuing its policy of returning capital to shareholders through dividends. Investors should consult the referenced press release and supplemental financial information for the detailed performance metrics.
Key Highlights
- 1Seagate Technology plc announced its financial results for the fiscal second quarter and six months ended January 1, 2016, via a press release furnished as part of this 8-K filing.
- 2The Board of Directors approved a quarterly cash dividend of $0.63 per share.
- 3The dividend is payable on February 23, 2016, to shareholders of record as of the close of business on February 9, 2016.
- 4The filing includes a cautionary note regarding forward-looking statements, highlighting potential risks and uncertainties that could affect future results.
- 5Seagate management planned to hold a public webcast to discuss results and provide an outlook for the third fiscal quarter of 2016.
- 6Supplemental Financial Information was made available on Seagate's Investor website.