Intel Joins DJIA Dividend Hike Brigade (INTC)

Here is a big figure that goes back rather far: Taken together since their inception, Intel’s dividends and stock buyback program have returned approximately $112 billion to stockholders.

While there is not any new guidance from its earnings report last month, Intel is maintaining the stance that 2012 is expected to be “another year of record revenues for Intel.”  The core business, its progress in smartphones, and other new growth areas drove ability to raise its payout.

Intel shares are up marginally at $27.94 and its 52-week range is $19.16 to $29.27.

JON C. OGG