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.
Fool contributor Eric Volkman has no position in Intel. The Motley Fool recommends Intel. The Motley Fool owns shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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