March 21, 2013
Intel (NASDAQ: INTC ) has declared its latest quarterly dividend. The company will hand out $0.225 per share of its common stock on June 1 to shareholders of record as of May 7. That amount matches the company's previous three quarterly disbursements, the most recent of which was declared in January, and handed out the following month. Prior to that, the tech giant paid $0.21 per share.
Intel has been a habitual dividend payer for many years. Lately, it has tended to increase its payout once per year.
The current dividend annualizes to $0.90 per share, which yields 4.3% at Intel's most recent closing stock price of $21.04.
More Expert Advice from The Motley Fool
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock in our brand-new free report: "The Motley Fool's Top Stock for 2013
." I invite you to take a copy, free for a limited time. Just click here
to access the report and find out the name of this under-the-radar company.