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%
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You can follow the development of my dividends here.
Hi DH !
ReplyDeleteGreat performance at Intel lately.
Good prospects for cloud area and others divisions.
I just took a 100 units position months ago.
Go ahead!
Greetings.
Hawk,
ReplyDeleteLoving 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
Gotta love when you get a raise. Nice job on holding 400 shares of Intel.
ReplyDelete