Dell Technologies Inc. (NYSE: DELL) reported better-than-expected second-quarter results and raised its outlook for the year.
Dell reported quarterly earnings of $1.74 per share which beat the analyst consensus estimate of $1.14, a 3.57% increase over earnings of $1.68 per share from the same period last year. The company reported quarterly sales of $22.93 billion, which beat the analyst consensus estimate of $20.85 billion. However, this still represents a 13.21% decline compared to the $26.43 billion in sales generated during the same quarter last year.
With the buzz around Dell following upbeat quarterly results, some investors may be eyeing potential gains from the company’s dividends, too. As of now, Dell offers an annual dividend yield of 2.17%, which is a ...