Dell (DELL) Strengthens Capital Return with Increased Dividend

Yahoo

5 hours ago

Dell Technologies Inc. (NYSE:DELL) is one of the 10 cheap Jim Cramer stocks to invest in. On June 17, the company announced a quarterly cash dividend of $0.525 per common share, payable on August 1 to shareholders recorded as of July 22. The company raised its annual cash dividend by 18% to $2.10 per common share after receiving board approval in February.
In the last quarter, Dell (NYSE:DELL) returned $2.4 billion to shareholders, including the repurchase of 22.1 million shares at an average price of $90 per share and a dividend payment of approximately $0.53 per share. As of the FQ1 2026, the company has paid out $13.2 billion to its shareholders through buybacks and dividends since the beginning of FY2023.
A team of IT experts discussing the latest network security trends over a laptop screen.
Discussing the company on June 9, Cramer stated:
'So traders say if I can't make money after Broadcom reporting a great quarter, the playbook says time to move into the lower quality, cheaper stocks that are less likely to disappoint or should never have been down to begin with. I understand the sentiment, but the problem is that these stocks have already rallied pretty hard, too. Take Dell. It reported an excellent quarter on May 29th… Stock initially failed to rally, but that's because it had run up into the quarter…
Dell Technologies (NYSE:DELL) develops and sells a broad range of hardware, software, and services, including storage systems, servers, networking equipment, personal computers, peripherals, and customer support solutions. The company also provides financing options, subscription-based services, and various consumption models.
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