How To Earn $500 A Month From Dell Stock Following Last Week's Upbeat Earnings
Portfolio Pulse from Lisa Levin
Dell Technologies Inc. (DELL) exceeded Q3 earnings expectations with $1.88 per share against a $1.47 consensus but missed revenue targets with $22.25 billion versus the expected $23.00 billion. The article discusses how investors can earn dividends from Dell, with a current yield of 2.10% and a quarterly dividend of 37 cents per share. It calculates the number of shares needed to earn $500 and $100 monthly from dividends. Dell's stock price affects the dividend yield, which can also change with dividend adjustments. Dell shares dropped 5.2% to close at $71.93 on Friday.
December 04, 2023 | 3:07 pm
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Dell reported higher-than-expected Q3 earnings but missed revenue estimates. The company offers a 2.10% dividend yield, and its stock price fell 5.2% after the earnings report.
The mixed financial results with an earnings beat but revenue miss could lead to short-term negative sentiment among investors, potentially impacting the stock price negatively. The dividend yield is attractive, but the recent drop in stock price following the earnings report suggests a short-term bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100