Intel Increases Quarterly Cash Dividend by 10 Percent

Posted March 22nd, 2008 by harminka

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."-Intel

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