Posted on Monday, November 16 2009 @ 15:06 CET by Thomas De Maesschalck
Intel announced a 12.5 percent increase in its quarterly cash dividend to 15.75 cents per share, beginning with the dividend that will be declared in Q1 2010:
"Intel's industry-leading product portfolio, outstanding execution and focus on the next wave of innovation and growth set the company up solidly for the future," said Paul Otellini, Intel president and CEO. "With one of the highest dividend yields in the technology industry, the dividend increase is another sign of our confidence in business prospects going forward."
Intel began paying a cash dividend in 1992 and has paid out approximately $16.6 billion to its stockholders. Intel cash dividends for the first through third quarters of 2009 total approximately $2.3 billion.
