Dell delivers jaw-dropping dividend news as AI sales accelerate

Most dividend announcements don't move the needle for investors. This one might. Dell Technologies came into its fiscal third-quarter earnings call already riding high on a wave of AI momentum. But it was a single commitment buried in the financial framework that caught income investors off guard: Dell (DELL) pledged to increase its quarterly dividend by at least 10% each year through fiscal 2030. What makes the news even more compelling is the backdrop. AI is doing a lot of the heavy lifting here — and ...