Thursday, November 19, 2015

Dividend Increase – Intel Corporation (INTC)


Today Intel announced  that its board of directors has approved an increase in its cash dividend to 1.04 cents-per-share on an annual basis, a 8-cent increase, beginning with the dividend that will be declared in the first quarter of 2016. This is a 8.33% increase from the prior dividend of $0.96. With current price $33.24 (today's open), this raise brings their dividend yield to 3.13%.

Since I own 400 shares, this will increase my yearly net dividends by $23.84.

That increase rises my YOC to 4.63%

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

3 comments:

  1. Hi DH !

    Great performance at Intel lately.
    Good prospects for cloud area and others divisions.
    I just took a 100 units position months ago.

    Go ahead!
    Greetings.

    ReplyDelete
  2. Hawk,

    Loving that Intel has been making moves. They have consistently beat earnings and are a great performer as of late - this is just another sign. How many companies can we say have increased their dividend at a better rate this year as compared to last? Not many. Nice!

    -Lanny

    ReplyDelete
  3. Gotta love when you get a raise. Nice job on holding 400 shares of Intel.

    ReplyDelete