By Katherine Hamilton
Dell Technologies raised its annual dividend 18%, to $2.10 a share.
The cash dividend will be payable on May 2 to shareholders of records on April 22, the software company said in its Thursday earnings report.
The new payout represents an annual yield of about 1.9% based on Thursday's closing price of $107.83.
Dell said its board of directors also approved a $10 billion increase in its share-repurchase authorization.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 27, 2025 16:44 ET (21:44 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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