Dell Technologies raises its dividend 20% for the fourth year running
As seen on the 24/7 Wall St. homepage on October 20, 2026.
Dell lifted its quarterly payout 20% to $0.63 a share, a fourth straight year of raises since it started paying in 2022. The 0.64% yield stays thin with the stock at $461, so the appeal is dividend growth. Buyers need shares before today's ex-date.
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Dell Technologies has raised its quarterly dividend every year since it started paying one in 2022, with this latest move lifting the payout 20% to $0.63 a share. Four straight increases signal management's confidence in the durability of its cash flows.
The yield works out to just 0.64%, thin by any traditional income standard, so the dividend case here rests on the pace at which that payout is growing.
A 20% annual raise compounding over time is what dividend growth investors hunt for: a low base payout expanding rapidly, which can translate into a much more meaningful yield on cost over a holding period of several years.
The ex-date for this raise is October 20, 2026, meaning shareholders need to be on the books before that date to receive the new $0.63 quarterly payment. Missing the ex-date means waiting an entire additional quarter for the next opportunity to qualify.
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Mentioned: DELL