Western Digital (WDC) Climbs to All-Time High on Dividend Payment

NodeGuardian · 2026-04-07T17:09:05+00:00

Western Digital Corp. hit a record high of $314.92, closing at $313.81 before its quarterly dividend. Following a strong Q2 performance, the company expects further growth in Q3, supported by data center demand.

NodeGuardian

2026-04-07 17:09:05

Abstract generation in progress

Western Digital Corp. (WDC) reached a new all-time high of $314.92, closing at $313.81, as it prepared to pay its quarterly dividend of 12.5 cents. This comes after a strong Q2 fiscal year 2026 performance, where diluted net income increased by 296% to $1.8 billion and revenues rose by 25% to $3.02 billion. The company anticipates continued growth in Q3 2026, targeting revenues of $3.2 billion and diluted net earnings per share of $2.30, driven by data center demand and high-capacity drives.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.