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Dell Technologies Declares Quarterly Cash Dividend

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share.

(Neutral)

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dividends

Rhea-AI Summary

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share. This dividend is payable on July 29 to shareholders of record as of July 20. Following the board's approval of a dividend policy in February 2022, this marks the second dividend since its introduction.

Dell aims to help organizations and individuals enhance their digital future by providing innovative technology and service solutions.

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Positive

  • Quarterly dividend of $0.33 announced.
  • Dividend payable on July 29, creating income for shareholders.

Negative

  • None.
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-1.60% session move Open Argus
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News Market Reaction – DELL

The recorded move for DELL in the trading session of this news was -1.60%.

Data tracked by StockTitan Argus. Session date unavailable.

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ROUND ROCK, Texas, June 7, 2022 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that its board of directors has declared a quarterly cash dividend of $0.33 per common share, which will be payable on July 29 to shareholders of record as of July 20.  

Dell began paying a quarterly cash dividend in April following board approval of a dividend policy 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 data era.

Copyright © 2022 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.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/dell-technologies-declares-quarterly-cash-dividend-301563442.html

SOURCE Dell Technologies

FAQ

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

What is the amount of the quarterly dividend declared by Dell?

Dell has declared a quarterly cash dividend of $0.33 per common share.

When will the dividend be paid?

The dividend will be payable on July 29, 2022.

What is the record date for the dividend?

The record date for the dividend is July 20, 2022.

Is this the first dividend payment from Dell?

No, this is the second quarterly dividend since the policy was approved in February 2022.

How often does Dell pay dividends?

Dell pays dividends quarterly.

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