Dell Technologies Declares Quarterly Cash Dividend

Rhea-AI Summary

Dell Technologies (NYSE: DELL) has announced a quarterly cash dividend of $0.445 per common share, payable on August 2 to shareholders of record as of July 23. This follows a 20% increase in the annual cash dividend to $1.78 per common share, approved by the board in February.

Positive

• Quarterly cash dividend of $0.445 per common share.
• Annual cash dividend increased by 20% to $1.78 per common share.
• Dividend payments scheduled for August 2 will benefit shareholders who are recorded by July 23.

Negative

• No specific information on revenue or earnings in the announcement.
• Focus on dividends may indicate reinvestment in other growth opportunities.

ROUND ROCK, Texas, June 11, 2024 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that its board of directors has declared a quarterly cash dividend of $0.445 per common share, which will be payable on Aug. 2 to shareholders of record as of July 23.  

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.

 

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SOURCE Dell Technologies

FAQ

What is the amount of Dell Technologies' quarterly cash dividend?

The quarterly cash dividend is $0.445 per common share.

When will Dell Technologies pay the quarterly dividend?

The quarterly dividend will be paid on August 2, 2024.

What is the record date for Dell Technologies' quarterly cash dividend?

The record date for the quarterly cash dividend is July 23, 2024.

By how much did Dell Technologies increase its annual cash dividend in 2024?

Dell Technologies increased its annual cash dividend by 20%.

What is the new annual cash dividend per share for Dell Technologies?

The new annual cash dividend is $1.78 per common share.