Intel Declares Fresh Dividend

Intel (NASDAQ: INTC  ) is sticking to its existing dividend policy for the time being. The powerhouse chip maker today declared a quarterly common stock payout of $0.225 per share, to be dispensed on Dec. 1 to shareholders of record as of Nov. 7. That amount matches each of the company's preceding five distributions, the most recent of which was handed out at the beginning of this month. Prior to that, Intel was slightly less generous, paying $0.21 per share. 

The firm is one of the steadier dividend payers in the tech space. It has handed out distributions on a regular basis since December 1992.

The just-declared dividend annualizes to $0.90 per share. That yields 3.8% at Intel's most recent closing stock price of $23.70.


Read/Post Comments (0) | Recommend This Article (9)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2654768, ~/Articles/ArticleHandler.aspx, 4/20/2014 8:08:50 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement