Saturday, January 25, 2020

Dividend Increase – Intel Corporation (INTC)

Thursday, January 23, the Board of Directors of Intel Corporation announced a quarterly dividend increase from $ 0.315 to $ 0.33 per share that’s payable March 1, 2020 to holders of record February 7, 2020. This represents a 4.76% increase to the last quarterly dividend.

With current price $ 68.47 (Friday's close), this raise brings their dividend yield to 1.93 %.

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

This increase raises my YOC to 5.87%.

Summary of 2020 Dividend Increases / Cuts

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long INTC

Thanks for stopping by!

1 comment:

  1. Hawk -

    Thanks for sharing. Was hoping for higher, but def. will always take a 5% dividend increase.