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
Hawk -
ReplyDeleteThanks for sharing. Was hoping for higher, but def. will always take a 5% dividend increase.
-Lanny