Splits, dividend moves, buybacks and structural changes on file for WD, and what each one says about how management treats you, the shareholder.
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Management postureConsistently shareholder-friendly
The annual dividend rose in every one of the 7 complete years our record covers, never cut, alongside active buybacks. That is a durable capital-return posture that favours long-term holders. The thing to watch is buyback price discipline, not distress.
Aug 20, 2026ex-dateDividendDividend held flat $0.68 · 6.5% yield/yr Neutral▸
May 21, 2026ex-dateDividendDividend held flat $0.68 · 5.5% yield/yr Neutral▸
Mar 13, 2026ex-dateDividendDividend held flat $0.68 · 5.9% yield/yr Neutral▸
Dec 31, 2025FYBuybackShare repurchases $10M (FY25) $10M Favorable▸
Nov 21, 2025ex-dateDividendDividend held flat $0.67 · 4.4% yield/yr Neutral▸
Aug 21, 2025ex-dateDividendDividend held flat $0.67 · 3.2% yield/yr Neutral▸
May 15, 2025ex-dateDividendDividend held flat $0.67 · 3.6% yield/yr Neutral▸
Feb 28, 2025ex-dateDividendDividend increase +3.1% +3.1% · 3.2% yield/yr Favorable▸
Dec 31, 2024FYBuybackShare repurchases $12M (FY24) $12M Favorable▸
Nov 22, 2024ex-dateDividendDividend held flat $0.65 · 2.4% yield/yr Neutral▸
Aug 22, 2024ex-dateDividendDividend held flat $0.65 · 2.5% yield/yr Neutral▸
May 15, 2024ex-dateDividendDividend held flat $0.65 · 2.6% yield/yr Neutral▸
Feb 29, 2024ex-dateDividendDividend increase +3.2% +3.2% · 2.7% yield/yr Favorable▸
Dec 31, 2023FYBuybackShare repurchases $21M (FY23) $21M Favorable▸
Nov 22, 2023ex-dateDividendDividend held flat $0.63 · 3.1% yield/yr Neutral▸
Aug 16, 2023ex-dateDividendDividend held flat $0.63 · 2.9% yield/yr Neutral▸
May 17, 2023ex-dateDividendDividend held flat $0.63 · 3.7% yield/yr Neutral▸
Mar 7, 2023ex-dateDividendDividend increase +5.0% +5.0% · 2.9% yield/yr Favorable▸
Dec 31, 2022FYBuybackShare repurchases $42M (FY22) $42M Favorable▸
Nov 23, 2022ex-dateDividendDividend held flat $0.60 · 2.9% yield/yr Neutral▸
Aug 17, 2022ex-dateDividendDividend held flat $0.60 · 2.1% yield/yr Neutral▸
May 18, 2022ex-dateDividendDividend held flat $0.60 · 2.3% yield/yr Neutral▸
Feb 18, 2022ex-dateDividendDividend increase +20.0% +20.0% · 1.7% yield/yr Favorable▸
Dec 31, 2021FYBuybackShare repurchases $19M (FY21) $19M Favorable▸
Nov 18, 2021ex-dateDividendDividend held flat $0.50 · 1.4% yield/yr Neutral▸
Aug 18, 2021ex-dateDividendDividend held flat $0.50 · 2.0% yield/yr Neutral▸
May 19, 2021ex-dateDividendDividend held flat $0.50 · 2.0% yield/yr Neutral▸
Feb 19, 2021ex-dateDividendDividend increase +38.9% +38.9% · 2.0% yield/yr Favorable▸
Dec 31, 2020FYBuybackShare repurchases $46M (FY20) $46M Favorable▸
Nov 12, 2020ex-dateDividendDividend held flat $0.36 · 1.9% yield/yr Neutral▸
Aug 20, 2020ex-dateDividendDividend held flat $0.36 · 2.6% yield/yr Neutral▸
May 19, 2020ex-dateDividendDividend held flat $0.36 · 3.6% yield/yr Neutral▸
Feb 20, 2020ex-dateDividendDividend increase +20.0% +20.0% · 1.9% yield/yr Favorable▸
Dec 31, 2019FYBuybackShare repurchases $31M (FY19) $31M Favorable▸
Nov 21, 2019ex-dateDividendDividend held flat $0.30 · 1.8% yield/yr Neutral▸
Aug 22, 2019ex-dateDividendDividend held flat $0.30 · 2.1% yield/yr Neutral▸
May 16, 2019ex-dateDividendDividend held flat $0.30 · 2.2% yield/yr Neutral▸
Feb 25, 2019ex-dateDividendDividend increase +20.0% +20.0% · 2.1% yield/yr Favorable▸
Dec 31, 2018FYBuybackShare repurchases $69M (FY18) $69M Favorable▸
Nov 15, 2018ex-dateDividendDividend held flat $0.25 · 2.2% yield/yr Neutral▸
Aug 16, 2018ex-dateDividendDividend held flat $0.25 · 1.9% yield/yr Neutral▸
May 17, 2018ex-dateDividendDividend held flat $0.25 · 1.8% yield/yr Neutral▸
Feb 22, 2018ex-dateDividendDividend initiation $0.25 · 0.5% yield/pay Favorable▸
Dec 31, 2017FYBuybackShare repurchases $35M (FY17) $35M Favorable▸
Dec 31, 2016FYBuybackShare repurchases $13M (FY16) $13M Favorable▸
Reads are Tenet's plain-English interpretation of each action type, a starting point, not investment advice.
