Wednesday October 21, 2020

Dell moves swiftly to arrest decline

What does a company do when it doesn't know what to do? Two immediate options are to cut costs and pay a dividend, both of which Dell decided to execute last week.

16th June, 2012
Michael Dell: depending on acquisitions to turn the company around.

What does a company do when it doesn't know what to do? Two immediate options are to cut costs and pay a dividend, both of which Dell decided to execute last week. The news pleased investors, boosting the world's second-largest PC maker's shares by 2.6 per cent to close at $12.27 on Wednesday. Analysts, however, are less certain about the dividend timing.

Dell's shares are down almost 24 per cent on this time last year. They've fallen...

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