Dell Technologies Inc. (NYSE:DELL) Declares Quarterly Dividend of $0.53

Dell Technologies Inc. (NYSE:DELL) declared a quarterly dividend on Thursday, December 4th. Shareholders of record on Tuesday, January 20th will be paid a dividend of 0.525 per share by the technology company on Friday, January 30th. This represents a c) annualized dividend and a yield of 1.5%. The ex-dividend date is Tuesday, January 20th.

Dell Technologies has a dividend payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Dell Technologies to earn $8.16 per share next year, which means the company should continue to be able to cover its $2.10 annual dividend with an expected future payout ratio of 25.7%.

Dell Technologies Trading Up 4.0%

DELL stock opened at $138.97 on Friday. Dell Technologies has a twelve month low of $66.25 and a twelve month high of $168.08. The company’s 50 day moving average is $143.83 and its two-hundred day moving average is $131.24. The stock has a market cap of $93.44 billion, a P/E ratio of 18.53, a PEG ratio of 0.89 and a beta of 1.03.

Dell Technologies (NYSE:DELL) last issued its earnings results on Tuesday, November 25th. The technology company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.12. Dell Technologies had a net margin of 5.01% and a negative return on equity of 234.84%. The business had revenue of $27.01 billion during the quarter, compared to analysts’ expectations of $27.26 billion. During the same quarter in the prior year, the business posted $2.15 EPS. The company’s revenue for the quarter was up 10.8% on a year-over-year basis. Dell Technologies has set its FY 2026 guidance at 9.920-9.920 EPS and its Q4 2026 guidance at 3.500-3.500 EPS. On average, equities research analysts predict that Dell Technologies will post 6.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Zacks Research lowered Dell Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. UBS Group decreased their target price on Dell Technologies from $186.00 to $167.00 and set a “buy” rating for the company in a research report on Wednesday, November 26th. The Goldman Sachs Group lifted their price target on Dell Technologies from $175.00 to $185.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Citic Securities boosted their price objective on Dell Technologies from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Finally, Mizuho raised their target price on shares of Dell Technologies from $170.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 26th. Sixteen equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $162.84.

Dell Technologies Company Profile

Dell Technologies Inc designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).