Dell Raised Its Quarterly Dividend by 20% This Year After Only Initiating Its Dividend Program in 2023. Can Passive Income Investors Trust the Stock?

Dell only initiated its dividend program in 2023.

52 Key Data Points Market Cap $358B Market cap calculated using publicly traded shares outstanding only.

More free cash flow means more money for dividends.

52 in annualized dividends per share easily covered by this quarter's profits alone.

But it's hard to imagine this level of spending continuing like this forever.