Friday, January 25, 2019

Dividend Increase – Intel Corporation (INTC)



Yesterday, January 24, the Board of Directors of Intel Corporation announced a quarterly dividend increase of from $ 0.3 to $ 0.315 per share that’s payable March 1, 2019 to holders of record February 7, 2019. The declared dividend represents a 5.00 percent increase from the prior quarterly rate.

With current price $ 49.76 (yesterday's close), this raise brings their dividend yield to 2.53%.



Since I own 400 shares of INTC, this will increase my portfolio's projected annual net dividend income by $ 17.88.

This increase rises my YOC to 5.60%.


Summary of 2019 Dividend Increases / Cuts

No.
Ticker
Increase %
Net Increase
Net Increase



$
1
TSX:CU
7.48%
8.14
9.93
2
O
2.04%
3.00
3.42
3
OKE
0.58%
0.65
0.75
4
WEC
6.79%
1.47
1.68
5
KMB
3.00%
1.02
1.16
6
INTC
5.00%
15.81
17.88






TOTAL

€30.08
$34.81

Increases have been reported by deducting a 25.5% capital income tax.


Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long INTC

Thanks for stopping by!

2 comments:

  1. Nice income boost Hawk. Solid block of shares you own there :-)

    ReplyDelete
  2. Hawk -

    Pumped when I went to their page to see the announcement. However, was half of the growth last year. Hope that this is the bottom in terms of DGR for them!

    -Lanny

    ReplyDelete

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