Dell Technologies Inc. (NYSE:DELL – Get Free Report) announced a quarterly dividend on Tuesday, September 1st. Investors of record on Tuesday, October 20th will be given a dividend of 0.63 per share by the technology company on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, October 20th.
Dell Technologies has a dividend payout ratio of 23.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Dell Technologies to earn $22.36 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 11.3%.
Dell Technologies Stock Performance
Shares of DELL traded up $17.68 during mid-day trading on Wednesday, reaching $442.68. The company had a trading volume of 14,028,484 shares, compared to its average volume of 8,133,519. The company’s 50 day simple moving average is $433.44 and its 200 day simple moving average is $301.96. The company has a market capitalization of $286.91 billion, a price-to-earnings ratio of 35.25, a P/E/G ratio of 0.94 and a beta of 1.34. Dell Technologies has a 1-year low of $110.22 and a 1-year high of $514.00.
More Dell Technologies News
Here are the key news stories impacting Dell Technologies this week:
- Positive Sentiment: AI infrastructure demand remains exceptionally strong. Fiscal Q2 revenue rose 57.7% year over year to $46.97 billion, while EPS of $7.04 exceeded the roughly $4.91 consensus estimate. AI-optimized server revenue doubled to $16.4 billion, and AI-server orders reached a record $60.9 billion. Dell again lifts forecasts as AI demand powers record results
- Positive Sentiment: Management sharply raised its outlook. Dell lifted fiscal 2027 revenue guidance to $192 billion from $167 billion and adjusted EPS guidance to $25.50 from $17.90. Third-quarter guidance of $49 billion in revenue and $6.50 EPS also stands well above analyst expectations. Dell surges after lifting fiscal 2027 forecast on AI server strength
- Positive Sentiment: The $95 billion backlog improves revenue visibility. Analysts have upgraded their views and raised price targets, including Morgan Stanley, which increased its target to $499 while retaining an equal-weight rating. Dell shares rise as demand jumps for AI servers
- Neutral Sentiment: Dell announced a new Dell 14S laptop with up to 21 hours of battery life, targeting students and value-focused consumers. The launch supports the client business but is much less significant to the stock than the AI-server results. Meet the Dell 14S
- Negative Sentiment: Macro and valuation risks are limiting the reaction. Rising 10-year Treasury yields and crude oil above $90, amid renewed U.S.-Iran tensions, are pressuring high-growth technology shares. After a substantial year-to-date rally, Dell’s premium valuation leaves less room for execution missteps, while supply constraints and memory costs could pressure AI-server margins.
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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