Intel Announces Quarterly Dividend

Intel Corporation (INTC: 21.58 -0.60%) announced today that its board of directors has approved a $.14 per share dividend.

 

The company’s current dividend yield now stands at 3.7%.

 

The dividend will be payable on June 1, 2009 to shareholders of record as of May 7, 2009.

 

The stock was down 5% today to $14.39 as part of a broader sell-off in the markets, but has actually performed quite well this year. The stock is up 3% since the beginning of the year.

 

Intel Corporation’s board of directors has declared a 14 cents per share quarterly dividend on the company’s common stock. The dividend will be payable on June 1, 2009 to stockholders of record on May 7, 2009.

 

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