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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: SiliconAlley who wrote (60061)4/6/2016 11:41:07 AM
From: david1951  Read Replies (2) | Respond to of 60323
 
<<A share of WDC is currently paying $2.00/year in dividends. The per share increased interest expense, because of the higher interest rate, is roughly 28 cents/year. Even if they reduced the dividend by the amount of increased interest expense, it would not have a major effect where book value is just a couple of points below current levels.>>

Thanks for sharing that information on the increased interest expense. I guess my real concern is that Western Digital could eliminate the dividend for a while, until they are in better financial shape.