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Dell Technologies (DELL) recently hiked its dividend by 18%, giving DELL stock a 2.48% dividend yield. However, this is much higher than its 3-year average yield, since the company started paying dividends. As a result, DELL stock looks undervalued and could be worth 21% more using three valuation methods.
DELL stock closed at $84.80 on Thursday, April 17. This is well off its 3-month high of $120.96 on Feb. 19, but up from a recent low of $71.63 on April 4.