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