Dell Technologies Inc. (NYSE:DELL) Plans Quarterly Dividend of $0.63

Dell Technologies Inc. (NYSE:DELL) declared a quarterly dividend on Monday, March 2nd. Investors of record on Tuesday, April 21st will be paid a dividend of 0.63 per share by the technology company on Friday, May 1st. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, April 21st. This is a 20.0% increase from Dell Technologies’s previous quarterly dividend of $0.53.

Dell Technologies has a payout ratio of 19.8% meaning its dividend is sufficiently covered by earnings. 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 Stock Up 3.7%

DELL stock opened at $153.58 on Tuesday. The company has a 50 day moving average of $121.71 and a two-hundred day moving average of $131.97. Dell Technologies has a 12-month low of $66.25 and a 12-month high of $168.08. The company has a market cap of $101.77 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 0.97 and a beta of 0.96.

Dell Technologies (NYSE:DELL) last announced its quarterly earnings data on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The business had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same period last year, the company earned $2.68 earnings per share. Dell Technologies’s quarterly revenue was up 39.5% compared to the same quarter last year. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. On average, research analysts anticipate that Dell Technologies will post 6.93 EPS for the current year.

Insider Buying and Selling

In other news, Director Egon Durban sold 71,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $138.12, for a total transaction of $9,806,520.00. Following the completion of the transaction, the director directly owned 1,172,428 shares in the company, valued at $161,935,755.36. The trade was a 5.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 42.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Dell Technologies

Several institutional investors have recently modified their holdings of the company. Brighton Jones LLC lifted its position in Dell Technologies by 42.7% in the fourth quarter. Brighton Jones LLC now owns 3,011 shares of the technology company’s stock worth $347,000 after purchasing an additional 901 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Dell Technologies during the 2nd quarter worth about $328,000. Bessemer Group Inc. boosted its position in shares of Dell Technologies by 22.0% during the 2nd quarter. Bessemer Group Inc. now owns 2,179 shares of the technology company’s stock valued at $266,000 after acquiring an additional 393 shares in the last quarter. World Investment Advisors increased its stake in Dell Technologies by 45.6% in the second quarter. World Investment Advisors now owns 4,113 shares of the technology company’s stock valued at $504,000 after acquiring an additional 1,289 shares during the period. Finally, Keybank National Association OH raised its position in Dell Technologies by 6.6% in the second quarter. Keybank National Association OH now owns 11,165 shares of the technology company’s stock worth $1,369,000 after purchasing an additional 694 shares in the last quarter. Institutional investors and hedge funds own 76.37% of the company’s stock.

About Dell Technologies

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.