Western Digital dividend payments will increase 16.7% to $0.175 per share from $0.150, following an October 21, 2026 board declaration. The quarterly payout is scheduled for December 17, 2026, for shareholders of record on December 4.

Key Takeaways

  • The higher quarterly dividend has been declared, with payment scheduled for December.
  • Management forecasts approximately $5.1 billion in Q2 FY2027 revenue and a gross margin of 60%–61%.

Western Digital dividend payment set for December

Western Digital’s quarterly filing covers the period ended October 2, 2026. The board declared the higher dividend on October 21, ahead of the October 26 update that also outlined expectations for the next fiscal quarter.

The increase raises the cash distribution attached to each eligible share. The record date and payment date serve different purposes: December 4 determines the shareholders on record, while December 17 is when the dividend is scheduled to be paid.

Q2 fiscal 2027 outlook remains a forecast

Western Digital projected revenue of approximately $5.1 billion for the second quarter of fiscal 2027, with an expected gross margin between 60% and 61%. Those figures are management’s outlook, not completed quarterly results.

The distinction matters because the dividend declaration sets a specific shareholder payment, while revenue and margin guidance describe anticipated operating performance. The forecast should therefore remain separate from the results for the quarter ended October 2.

Western Digital focuses on mass-capacity storage, including nearline enterprise hard disk drives sold to hyperscale cloud providers, following the February 2025 separation of its NAND flash business as SanDisk.

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