The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Dell Technologies's Dividend Payout Ratio for the
months ended in Apr. 2026 was 0.13.
The historical rank and industry rank for Dell Technologies's Dividend Payout Ratio or its related term are showing as below:
XSWX:DELL'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.22
Current: 0.08
During the past 12 years, the highest Dividend Payout Ratio of Dell Technologies was 0.22. The lowest was 0.08. And the median was 0.21.
XSWX:DELL's Dividend Payout Ratio is ranked better than 85.4% of 1212
companies
in the Hardware industry
Industry Median: 0.47
vs XSWX:DELL: 0.08
During the past 12 months, Dell Technologies's average Dividends Per Share Growth Rate was 18.50% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 16.70% per year.
During the past 12 years, the highest 3-Year average Dividends Per Share Growth Rate of Dell Technologies was 16.70% per year. The lowest was 16.70% per year. And the median was 16.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Dell Technologies (XSWX:DELL) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Dell Technologies Dividend Payout Ratio Related Terms
Dell Technologies Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Dell Technologies's Dividend Payout Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XSWX:DELL vs SNDK, STX, WDC: Dividend Payout Ratio Comparison
For the Computer Hardware subindustry, Dell Technologies's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Dell Technologies Dividend Payout Ratio vs Hardware Industry
For the Hardware industry and Technology sector, Dell Technologies's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Dell Technologies's Dividend Payout Ratio falls into.
Dell Technologies Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Dell Technologies's Dividend Payout Ratio for the fiscal year that ended in Jan. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Dell Technologies (XSWX:DELL) has a Dividend Payout Ratio of 0.13 as of Apr. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dell Technologies and its competitors. This is 38% below median its historical median of 0.21. Over the past decade, Dell Technologies' Dividend Payout Ratio has ranged from 0.08 to 0.22. According to the industry distribution chart, Dell Technologies ranks #177 out of 1212 companies in the Hardware industry, placing it in the top 14.6%.
Is Dell Technologies' Dividend Payout Ratio too high?
Dell Technologies' current Dividend Payout Ratio of 0.13 is 38% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.22. The Hardware industry median Dividend Payout Ratio is 0.47. Dell Technologies' value of 0.13 is 72.3% below this industry median. Based on the distribution chart, Dell Technologies ranks #177 out of 1212 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dell Technologies has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Dividend Payout Ratio compare to SNDK and STX?
According to the Hardware industry distribution chart, Dell Technologies ranks #177 out of 1212 companies for Dividend Payout Ratio. This places Dell Technologies in the top 15% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.47. Dell Technologies' value of 0.13 is 72.3% below this benchmark. Historically, Dell Technologies' own Dividend Payout Ratio has ranged from 0.08 to 0.22 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.47, Dell Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Hardware company?
The median Dividend Payout Ratio among Hardware companies is 0.47, based on 1,212 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dell Technologies's current Dividend Payout Ratio of 0.13 is 72.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Dell Technologies and its competitors. For the Hardware industry, the median Dividend Payout Ratio is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dell Technologies's current Dividend Payout Ratio is 0.13, which is 38% below median its own 10-year median of 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Dell Technologies (XSWX:DELL) has a current Dividend Payout Ratio of 0.13. The stock's GF Value™ is CHF152.64, compared to a current price of CHF317.54 — trading 108% above its estimated fair value. The current Dividend Payout Ratio is 0.13, which is 38% below median its 10-year median of 0.21 and 72.3% below the Hardware industry median of 0.47. Dell Technologies' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Dell Technologies (XSWX:DELL), the current Dividend Payout Ratio is 0.13 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dell Technologies (XSWX:DELL) Overvalued in 2026?
Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued.
The current stock price of CHF317.54 is trading 108% above its estimated GF Value™ of CHF152.64.
Key valuation signals for XSWX:DELL:
Dividend Payout Ratio: 0.13 (38% below median its 10-year median of 0.21)
GF Value™: CHF152.64 vs. price of CHF317.54 (108% above fair value)
Industry Position: 72.3% below the Hardware median (#177 of 1212)
No single metric tells the full story. See the XSWX:DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
74GF Score
Get the complete analysis for XSWX:DELL
Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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