Intel Juices Dividends (INTC)

Posted: March 20, 2008 at 8:08 am

Intel Corp. (NASDAQ: INTC) has just announced that it is hiking its quarterly dividend on common stock.  The $0.1275 per share dividend will now be a higher rate of $0.14 per quarter.

At a $21.08 close yesterday, the dividend yield now looks to be roughly 3% on an annual basis.  This dividend will be paid on June 1, 2008 to holders of record as of May 7, 2008.

Jon C. Ogg
March 20, 2008

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