Intel increases dividend by 10%

Posted on Thursday, Mar 20 2008 @ 15:34 CET by Thomas De Maesschalck
Good news for Intel shareholders, the chip maker today announced it will increase its quarterly cash dividend by 10 percent, to 14 cents per share.
The dividend will be payable on June 1, 2008 to stockholders of record on May 7, 2008.

"The strength of Intel's competitive position combined with our solid financials allow us to again reward Intel shareholders with an increase in the quarterly dividend," said Craig Barrett, Intel chairman. "Intel's dividend yield remains one of the highest in the technology industry and has returned nearly $12 billion to shareholders since 1992."


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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