Intel Keeps Dividend Steady
Intel today announced its quarterly dividend of $0.225 per share of common stock, or $0.90 on an annualized basis. This new payout has a 3.93% annualized yield based on yesterday's closing price and is the same rate Intel has paid since August 2012, after raising the amount from $0.21 per share.
Per the Board of Directors' announcement, the quarterly payout will be made payable on Sept. 1 for shareholders on record as of Aug. 7. Intel has paid a quarterly dividend to its shareholders since July 1995.
The article Intel Keeps Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned. The Motley Fool recommends Intel. The Motley Fool owns shares of Intel. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.