Investors who buy Dell Technologies (DELL) stock are guaranteed 10% annual dividend growth.
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This is because Dell has pledged to grow its dividend by 10% or more every year through 2030. The company currently offers its shareholders a quarterly dividend payment of $0.63, giving it a decent yield of 1.37%.
In March of this year, Dell Technologies announced a 20% increase to its quarterly dividend. Management further promised to continue increasing the dividend by at least 10% over the next five years. Analysts frequently cite DELL stock as offering one of the best dividends among technology companies.
Dell’s Shareholder Returns
Dell shareholders now receive an annual distribution from the company of $2.52 per share. Management has said they are committed to shareholder returns. To that end, Dell also announced in March that it was launching a new $10 billion stock buyback program.
Dell’s strong cash generation has enabled the dividend increases and stock buybacks. Management has said that they have confidence in the company’s long-term growth after generating $11.2 billion in cash flow from operations in 2025. DELL stock has risen 154% over the past 12 months.
Is DELL Sock a Buy?
Dell Technologies’ stock has a consensus Moderate Buy rating among 14 Wall Street analysts. That rating is based on 11 Buy, two Hold, and one Sell recommendations issued in the last three months. The average DELL price target of $177.69 implies 3.37% downside from current levels.
