Dell Technologies Inc. (DELL) To Go Ex-Dividend on April 21st

Dell Technologies Inc. (NYSE:DELL) announced a quarterly dividend on Thursday, February 26th. Investors of record on Tuesday, April 21st will be given a dividend of 0.63 per share by the technology company on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 1.3%. 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 dividend payout ratio of 23.8% 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 $2.52 annual dividend with an expected future payout ratio of 30.9%.

Dell Technologies Price Performance

Shares of DELL opened at $196.46 on Friday. Dell Technologies has a one year low of $80.74 and a one year high of $197.34. The company has a 50-day simple moving average of $152.65 and a two-hundred day simple moving average of $140.69. The firm has a market capitalization of $126.86 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 0.79 and a beta of 0.88.

Dell Technologies (NYSE:DELL) last released its earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.53 by $0.36. Dell Technologies had a net margin of 5.23% and a negative return on equity of 236.90%. The firm had revenue of $33.38 billion during the quarter, compared to analyst estimates of $31.60 billion. During the same period last year, the business earned $2.68 earnings per share. The business’s revenue was up 39.5% on a year-over-year basis. 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. Analysts expect that Dell Technologies will post 6.93 EPS for the current fiscal year.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, Director V (Gp) L.L.C. Slta sold 510,000 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $146.83, for a total value of $74,883,300.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the completion of the sale, the director owned 65,662 shares in the company, valued at approximately $9,529,526.06. The trade was a 69.60% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,571,688 shares of company stock valued at $576,654,105 in the last ninety days. 42.00% of the stock is currently owned by insiders.

Institutional Trading of Dell Technologies

Several hedge funds have recently made changes to their positions in the business. Bell Investment Advisors Inc raised its position in shares of Dell Technologies by 19.3% during the 1st quarter. Bell Investment Advisors Inc now owns 322 shares of the technology company’s stock valued at $53,000 after buying an additional 52 shares in the last quarter. Flagship Harbor Advisors LLC grew its holdings in Dell Technologies by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after purchasing an additional 71 shares during the last quarter. Westside Investment Management Inc. grew its holdings in Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after purchasing an additional 78 shares during the last quarter. Pinnacle Associates Ltd. grew its holdings in Dell Technologies by 0.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock valued at $3,067,000 after purchasing an additional 78 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Dell Technologies by 2.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock valued at $504,000 after purchasing an additional 81 shares during the last quarter. 76.37% of the stock is currently owned by hedge funds and other institutional investors.

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.