Dell Technologies Inc. (NYSE:DELL) to Issue Quarterly Dividend of $0.63

Dell Technologies Inc. (NYSE:DELL) announced a quarterly dividend on Monday, March 2nd. Investors of record on Tuesday, April 21st will be given a dividend of 0.63 per share by the technology company on Friday, May 1st. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, April 21st. This is a 20.0% increase from Dell Technologies’s previous quarterly dividend of $0.53.

Dell Technologies has a dividend payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Dell Technologies to earn $8.16 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 25.7%.

Dell Technologies Trading Up 3.7%

NYSE:DELL traded up $5.50 on Monday, reaching $153.58. The stock had a trading volume of 12,540,967 shares, compared to its average volume of 8,494,343. The company has a 50-day moving average of $121.71 and a 200 day moving average of $131.97. The stock has a market cap of $101.77 billion, a P/E ratio of 17.61, a price-to-earnings-growth ratio of 0.97 and a beta of 0.96. Dell Technologies has a 12-month low of $66.25 and a 12-month high of $168.08.

Dell Technologies (NYSE:DELL) last released its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 EPS for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $33.38 billion for the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the previous year, the firm posted $2.68 earnings per share. The company’s revenue was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, equities analysts predict that Dell Technologies will post 6.93 EPS for the current year.

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.