Dell Shares Rise on Plan to Pay Shareholders First Dividend

June 13 (Bloomberg) — Dell Inc. rose in late trading after the third-largest personal-computer maker said it will pay a dividend for the first time, following peers such as Apple Inc. and Microsoft Corp. in returning more cash to shareholders.

The quarterly payout of 8 cents a share will begin in the period that ends in October, the Round Rock, Texas-based company said in a statement. The dividend’s yield would be 2.7 percent, based on the stock’s closing price yesterday. Shares climbed as much as 6.6 percent in extended trading after the announcement.

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