Dell Lifts Forecasts, Commits To 10% Annual Dividend Hike & More
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Dell Technologies Inc. (NYSE:DELL) has raised its annual revenue growth forecast to 7%-9% and adjusted EPS growth to 15% or higher. The company plans to increase its quarterly dividend by at least 10% annually through fiscal 2030. Dell aims for 15%+ annual EPS growth while returning over 80% of adjusted free cash flow to shareholders. The company reaffirmed its Q3 revenue guidance of $26.5 billion to $27.5 billion and fiscal year 2026 revenue guidance of $105 billion to $109 billion. Dell shares rose 3.25% to $150.50.
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