Dell Technologies Declares Quarterly Cash Dividend

Rhea-AI Summary

Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.33 per common share, payable on February 3 to shareholders on record as of January 25. This marks a continuation of its dividend policy initiated earlier in the year. Dell began paying dividends in April, following board approval in February. The announcement emphasizes Dell's commitment to returning value to its shareholders amidst its focus on innovation and digital transformation.

Positive

• Quarterly cash dividend of $0.33 per share announced, indicating strong cash flow and commitment to shareholder returns.
• Dividend payment scheduled for February 3 shows consistent income for shareholders.

Negative

• None.

ROUND ROCK, Texas, Dec. 6, 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 Feb. 3 to shareholders of record as of Jan. 25.

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.

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SOURCE Dell Technologies

FAQ

When will Dell Technologies pay its next dividend?

Dell Technologies will pay its next dividend of $0.33 on February 3 to shareholders of record as of January 25.

How often does Dell pay dividends?

Dell typically pays dividends quarterly, having started this practice in April following board approval.

What is the amount of the recent dividend declared by Dell Technologies?

The recent dividend declared by Dell Technologies is $0.33 per common share.

What date was the dividend policy for Dell Technologies approved?

The dividend policy for Dell Technologies was approved in February 2022.

What is the significance of Dell's dividend announcement for investors?

The dividend announcement signifies Dell's strong financial health and commitment to return value to shareholders.