Dell Pays Shareholders $2 Billion This Year
Dell is continuing its tradition this fiscal year. The company announced yesterday, in advance of today's annual analyst meeting, that it has repurchased $1.6 billion in stock this year and intends to purchase $400 million more by the end of this fiscal year, ending January 2012. That's a grand total of $2 billion, or the equivalent of paying a juicy 6.5% dividend for 2011.
As a shareholder, I'm happy about this.... Read more