Thursday, November 20, 2014

INTC dividend increase




In a bit of a surprise, today, Intel announced that it is raising it's quarterly dividend from $.225 to $.24.

This represents a 6.6% raise and is the first raise since May 2012 when the quarterly dividend went from $.21 to $.225.

Since I own 707 shares, this will increase my annual go-forward dividends by $42.42.

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4 comments:

  1. TawcanNovember 20, 2014 at 4:56 PM

    You own a lot more INTC shares than me. This is certainly a welcomed announcement for us shareholders. :)

    ReplyDelete
  2. My Dividend PipelineNovember 20, 2014 at 5:31 PM

    AA,

    That's great news. I sort of regret that I sold all my shares back in July. Who knows I may repurchase some shares in the future. It would be nice to get in at 3.5% yield or higher, but I think that train has left the station for good.

    Congrats on the pay raise!

    MDP

    ReplyDelete
  3. Accumulating AssetsNovember 25, 2014 at 10:26 PM

    Tawcan,

    Yes, this was a welcome announcement! INTC has been on a tear and is one of my best performers this year.

    cheers, AA

    ReplyDelete
  4. Accumulating AssetsNovember 25, 2014 at 10:29 PM

    Thanks MDP. I also thought about selling earlier in the year but never followed through. I do think it is over extended here and may look to trim a bit.

    cheers, AA

    ReplyDelete

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