How To Earn $500 A Month From Dell Stock After Upbeat Earnings
Portfolio Pulse from Lisa Levin
Dell Technologies Inc. reported better-than-expected Q2 results and raised its yearly outlook. The company reported earnings of $1.74 per share, beating the analyst consensus estimate of $1.14, and sales of $22.93 billion, beating the estimate of $20.85 billion. However, this represents a 13.21% decline compared to the same quarter last year. Dell offers an annual dividend yield of 2.17%, which is a quarterly dividend amount of $0.37 a share. To earn $500 per month from dividends, an investment of approximately $276,442 or around 4,054 shares is needed.
September 05, 2023 | 12:05 pm
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Dell's better-than-expected Q2 results and raised yearly outlook, along with its dividend yield, could attract investors, potentially driving up the stock price in the short term.
Dell's better-than-expected Q2 results and raised yearly outlook indicate strong performance, which is likely to attract investors. Additionally, the company's dividend yield could also attract income-focused investors. Both these factors could drive up the demand for Dell's stock, potentially leading to an increase in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100