March 3 - Dell Technologies (DELL, Financial) is set to reward shareholders as it hikes its annual dividend by 18% to $2.10 per share and unveils an additional $10 billion share buyback program. The announcement, made on Feb. 27 on its earnings call, underscores management's confidence in the company's future free cash flow amid evolving market dynamics.
The payment of dividends through 700.5 million outstanding shares amounts to $1.471 billion in expenses, representing a minor increase from the previous year's expenses. Also, Q4 revenue at the company achieved a 7.2% yearly increase thanks to strong performance in its Infrastructure Solutions Group that was driven by growing AI server demand. Operating cash flow maintains a strong standing that allows the company to continue its dividend payments and buyback program despite a 53% decline in adjusted free cash flow margins from last year.
This article first appeared on GuruFocus.免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。