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Dell Technologies (DELL) announced an 18% hike in its annual dividend on Feb. 27 and a massive $10 billion additional share buyback program. Value investors are interested in this as it shows DELL stock could be deeply undervalued here.
For example, based on its historical yield. DELL could be worth significantly more. I discussed this in a Feb. 10 Barchart article, “Dell Could Hike Its Dividend Soon - Is It Worth Buying Now?”