Western Digital Corporation
WDCTechnology · Stock · quarterly payer
Forward Yield
0.13%
Annual Dividend
$0.60
Payout Ratio
2%
5-Yr Growth
-22.1%
Ex-Date
Sep 8, 2026
Frequency
Quarterly
Summary
As of September 2026, Western Digital Corporation (WDC) yields 0.13% ($0.60 per share annually), with a blended fair-value estimate of $950.40 — +103% upside, so it screens as undervalued. Dividend safety grade: C (58/100).
Is WDC a good dividend stock?
Yes, with caveatsWestern Digital Corporation (WDC) pays a quarterly dividend yielding 0.13% ($0.60/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Comfortable payout ratio (2%)
- 996% total price return over 5 years
Risks
- Cut its dividend in 2025
- Dividend has been shrinking, not growing
Key Data
- Dividend Yield
- 0.13%
- Payout Ratio
- 2%
- Annual Dividend
- $0.60
- 5-Yr Avg Growth
- -22.1%
- Ex-Dividend Date
- Sep 8, 2026
- Years of Growth
- 0
- Frequency
- quarterly
- Beta
- 2.18
- Market Cap
- $168.5B
- P/E Ratio
- 17.4
- 5-Yr Total Return
- 996%
- 52-Week Range
- $91.65 – $799.87
- Dividend Safety
- C · 58/100
- Ever Cut?
- Yes (2025)
Frequently Asked Questions
WDC Price — Last 12 Months
Daily close
Price Return
1 Year
+289%
3 Years
+1255%
5 Years
+996%
52-Week Range
$91.65 – $799.87
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is WDC worth?
Undervaluedlow confidenceOur blended fair-value estimate for Western Digital Corporation is $950.40 per share, versus a market price of $467.46. That implies 103% of upside — a margin of safety of about 51%.
Fair Value
$950.40
Current Price
$467.46
Upside
+103%
Margin of Safety
51%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 20.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 12.0% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $26.93 EPS, $0.60 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
WDC Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 5, 2026 | — | $0.1500 | regular |
| Mar 5, 2026 | — | $0.1250 | regular |
| Dec 4, 2025 | — | $0.1250 | regular |
| Sep 4, 2025 | — | $0.1000 | regular |
| Jun 4, 2025 | — | $0.1000 | regular |
| Apr 2, 2020 | — | $0.3779 | regular |
| Jan 2, 2020 | — | $0.3779 | regular |
| Oct 3, 2019 | — | $0.3779 | regular |
| Jun 27, 2019 | — | $0.3779 | regular |
| Mar 28, 2019 | — | $0.3779 | regular |
| Dec 27, 2018 | — | $0.3779 | regular |
| Sep 27, 2018 | — | $0.3779 | regular |
| Jun 28, 2018 | — | $0.3779 | regular |
| Mar 28, 2018 | — | $0.3779 | regular |
Income Calculator
At $0.60 / yr per share
