Dell sets 1st-ever quarterly dividend at 8 cents

Dell declares 1st-ever quarterly dividend of 8 cents, payable Oct. 22

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SymbolPriceChange
DELL.BA24.100.00
DELL13.39

Dell Inc. said Thursday it will pay a quarterly dividend of 8 cents per share Oct. 22 to shareholders of record as of Oct. 1.

The Round Rock, Texas, computer maker said in June that its board had authorized its first-ever dividend.

Shares of Dell closed unchanged at $10.52. The stock has declined 28 percent since the beginning of the year.

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