Dell Technologies Inc. (NYSE:DELL – Get Free Report) declared a quarterly dividend on Tuesday, June 16th. Shareholders of record on Tuesday, July 21st will be paid a dividend of 0.63 per share by the technology company on Friday, July 31st. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, July 21st.
Dell Technologies has a dividend payout ratio of 23.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Dell Technologies to earn $21.15 per share next year, which means the company should continue to be able to cover its $2.52 annual dividend with an expected future payout ratio of 11.9%.
Dell Technologies Price Performance
Shares of Dell Technologies stock opened at $404.07 on Wednesday. Dell Technologies has a 1 year low of $110.22 and a 1 year high of $469.47. The firm’s 50-day moving average is $273.91 and its two-hundred day moving average is $183.09. The stock has a market cap of $260.93 billion, a price-to-earnings ratio of 32.09, a PEG ratio of 0.88 and a beta of 1.30.
Trending Headlines about Dell Technologies
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: Dell Federal Systems won a $1.44 billion U.S. Air Force contract, reinforcing Dell’s growing government business and supporting the view that enterprise infrastructure demand remains strong. Dell Wins $1.44B Microsoft License Deal
- Positive Sentiment: Several reports highlighted Dell’s AI server momentum and argued the market may still be underestimating its AI opportunity, which supports the stock’s upside narrative. Dell’s Momentum Score Jumps As AI Server Revenue Surges Over 750% Amid Data Center Demand The Dell Story Is No Longer Just About PCs. Here’s Why the Stock Still Looks Undervalued.
- Positive Sentiment: Analyst sentiment remains supportive, with commentary saying Dell looks attractive on higher forecasts and that Wall Street’s average recommendation is still a Buy. Dell Stock Looks Cheap Here With Higher Analyst Forecasts – Short Put Plays Are Attractive Wall Street Analysts Think Dell Technologies (DELL) Is a Good Investment: Is It?
- Positive Sentiment: Investor interest remains elevated after Dell’s strong earnings report and ongoing commentary that its AI backlog is still expanding, which can help sustain momentum. DELL Stock Pulled Back. The AI Backlog Keeps Building
- Neutral Sentiment: Dell completed a $3 billion senior notes offering, which may improve financing flexibility but also adds leverage and is not a clear near-term earnings catalyst. Dell Technologies Completes $3 Billion Senior Notes Offering
- Negative Sentiment: Multiple Dell directors and Silver Lake-related entities sold large blocks of stock around $380-$405 per share, which can weigh on sentiment even if the trades were planned or routine. SEC filing: Silver Lake Partners sale
- Negative Sentiment: An industry report said server supply is being disrupted by a memory crunch, which could pressure Dell’s shipments or margins if component shortages persist. Dell, HPE server supply upended by memory crunch
Dell Technologies Company Profile
Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.
Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.
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