Dell Technologies Declares Quarterly Cash Dividend

Rhea-AI Summary

Dell Technologies (DELL) declares a quarterly cash dividend of $0.37 per common share, with an annual increase of 12% to $1.48 per common share. The dividend will be payable on Feb. 2, 2024, to shareholders of record as of Jan. 23, 2024.

Positive

• Dell Technologies increased its annual cash dividend by 12% to $1.48 per common share, showcasing a commitment to rewarding shareholders.
• The quarterly cash dividend of $0.37 per common share demonstrates the company's financial stability and ability to generate consistent returns for investors.

Negative

• None.

ROUND ROCK, Texas, Dec. 5, 2023 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that its board of directors has declared a quarterly cash dividend of $0.37 per common share, which will be payable on Feb. 2, 2024 to shareholders of record as of Jan. 23, 2024.  

Dell increased its annual cash dividend by 12% to $1.48 per common share following board approval in March 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 © 2023 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.

 

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SOURCE Dell Technologies

FAQ

What is the quarterly cash dividend declared by Dell Technologies (DELL)?

Dell Technologies has declared a quarterly cash dividend of $0.37 per common share.

When will the quarterly cash dividend be payable to shareholders of Dell Technologies (DELL)?

The dividend will be payable on Feb. 2, 2024, to shareholders of record as of Jan. 23, 2024.

By how much did Dell Technologies (DELL) increase its annual cash dividend?

Dell increased its annual cash dividend by 12% to $1.48 per common share following board approval in March of this year.