Well Kids it doesn’t matter because Heavy D and Luca are down in the basement greasing up the Dividend printer at this very moment. Win or lose some people gotta get paid it’s only fair.
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Stock up because they are giving away what they stolen from your paycheck.
Yet the stock jumped 8% so far today, go figure.
blah blah blah AI, blah blah blah mass storage, blah blah blah HAMR, blah blah blah AI, blah blah blah inventory absorption, blah blah blah AI, blah blah blah dividend
Heavy D could pay off debt, increase employee compensation, or make investors happy and line his pockets with that dividend money. Guess which one he's going to choose every time.
Seagate = Enron 2.0
Well keeping the stock price up is nice but it’s also a false narrative if we are selling our future just to pay the dividend. The dividend could have been slowly reduced to align better with our current financial state, that would be much too nuanced for our leaders one would guess.
Say they stop it…is there a ground breaking product that will boost revenue and stock price.