Western Digital raises dividend to USD 0.175 per Western Digital stock

Published on 10/29/2026 at 12:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q1FY27 revenue rose 55.00 percent to USD 4.38 billion. Western Digital stock costs EUR 345.35 on October 29, 2026, below its Xetra close.

Quarterly growth and capital returns

Western Digital reported USD 4.38 billion in fiscal first-quarter revenue on October 22, 2026.
Non-GAAP gross margin reached 58.10 percent in the fiscal first quarter of 2027.
Western Digital stock trades at EUR 345.35 at 12:01 p.m. CET at Lang & Schwarz on October 29, 2026, 0.20 percent below the Xetra close of October 28, 2026.
The company declared a USD 0.175 dividend payable on December 17, 2026.

Western Digital, US9581021055, Illustration mit AI erstellt.

Western Digital Corporation (ISIN US9581021055) reported fiscal first-quarter 2027 revenue of USD 4.38 billion on October 22, 2026, up 55.00 percent from the year-earlier quarter. The company also declared a 17.00 percent dividend increase, giving Western Digital stock a new capital-return angle.

The results covered the period ended October 2, 2026. According to Western Digital, GAAP gross margin was 57.80 percent, while non-GAAP gross margin reached 58.10 percent. Non-GAAP earnings per share rose 161.00 percent year over year to USD 4.64.

Guidance points to stronger margins

Management expects fiscal second-quarter 2027 revenue of USD 5.1 billion at the midpoint of its range. The company also projects non-GAAP gross margin of 60.50 percent, above the 58.10 percent reported for the fiscal first quarter. That combination makes pricing and storage volumes the key operating measures in the next update.

Dividend dates are December 4 and 17

Western Digital declared a cash dividend of USD 0.175 per share. The company said shareholders of record at the close of business on December 4, 2026, will receive payment on December 17, 2026. The declaration is a current board decision, while both dates describe future distribution mechanics.

What does the outlook mean for margins?

The fiscal second-quarter margin midpoint of 60.50 percent stands 2.40 percentage points above the first-quarter non-GAAP margin. Revenue guidance of USD 5.1 billion also exceeds the USD 4.38 billion reported for the latest quarter, although the figures refer to different periods and the guidance remains subject to execution risks described by the company.

Stock price in German trading

Western Digital stock was trading at EUR 345.35 at Lang & Schwarz on October 29, 2026, at 12:01 p.m. CET. That was 0.20 percent below the Xetra close of October 28, 2026, at EUR 346.05.

The further course of trading is shown by the continuously updated real-time quote of Western Digital stock.