Dell Technologies Declares Quarterly Cash Dividend

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.445 per common share.

Rhea-AI Summary

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.445 per common share. The dividend will be payable on November 1, 2024, to shareholders of record as of October 22, 2024. This announcement follows the company's decision in February to increase its annual cash dividend by 20% to $1.78 per common share, demonstrating Dell's commitment to returning value to shareholders. The dividend declaration reflects the company's financial stability and confidence in its cash flow generation capabilities.

Positive

• Quarterly dividend of $0.445 per common share declared
• 20% increase in annual cash dividend to $1.78 per share
• Demonstrates financial stability and strong cash flow

Negative

• None.

Argus Session date unavailable

+1.53% session move Open Argus

Details

News Market Reaction – DELL

The recorded move for DELL in the trading session of this news was +1.53%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

ROUND ROCK, Texas, Sept. 18, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces its board of directors has declared a quarterly cash dividend of $0.445 per common share, which will be payable on Nov. 1 to shareholders of record as of Oct. 22.  

Dell increased its annual cash dividend by 20% to $1.78 per common share following board approval in February of this year.

About Dell Technologies
Dell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the AI era.

Copyright © 2024 Dell Inc. or its subsidiaries.  All Rights Reserved. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries.  Other trademarks may be trademarks of their respective owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/dell-technologies-declares-quarterly-cash-dividend-302252438.html

SOURCE Dell Technologies

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Dell Technologies' (DELL) latest quarterly dividend amount?

Dell Technologies (DELL) has declared a quarterly cash dividend of $0.445 per common share.

When will Dell Technologies (DELL) pay its next dividend?

Dell Technologies (DELL) will pay its next dividend on November 1, 2024, to shareholders of record as of October 22, 2024.

How much has Dell Technologies (DELL) increased its annual dividend?

Dell Technologies (DELL) increased its annual cash dividend by 20% to $1.78 per common share in February 2024.

What is the ex-dividend date for Dell Technologies' (DELL) latest dividend?

The press release does not specify the ex-dividend date for Dell Technologies' (DELL) latest dividend. Typically, the ex-dividend date is one business day before the record date, which is October 22, 2024.