Intel ups dividend despite tough times

It is only a 1.25 cent raise over last quarter, not a 4 cent raise. Intel’s quarterly dividend hasn’t been a dime since 2006. In 2007, the quarterly dividend was 11.25 cents per share. For the payout during Q1 08, the dividend was 12.75 cents per share.

wrong

They are giving me 4 cents a quarter over the traditional dime. That makes it 14 cents. Not the same as the poster who divided by 4 to get 1 cent added a quarter. That person needs to go back to basic math classes.

Intel Increases Quarterly Cash Dividend by 10 Percent

SANTA CLARA, Calif., March 20, 2008 – Intel Corporation’s board of directors has increased its quarterly dividend on the company’s common stock approximately 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.”

My,my…Someone must have a real chip on his/its shoulder to be so swishy-snide against Intel. Perhaps there is an element of reverse Pen(tium) envy since Intel “shrinks” it to make all parameters better, faster, and much cooler. Go Gordon, Andy, and Paul!

Also, it did not raise its dividend 4 cents per quarter. That would have been a 40% boost. It raised 1.25 cents per quarter.

In this case, you want to use “due” in place of “do”.

Thanks.