Jim Trippon's  Instablog

Jim Trippon
Send Message
Jim Trippon is a certified genius, a member of MENSA, and the epitome of the “Overachieving Entrepreneur.” He’s an internationally renowned and globally experienced investment expert, dedicated to finding undervalued, “under the radar” investments for his worldwide clients and subscribers. He... More
My company:
Trippon Financial Research, Inc.
My blog:
Global Profit$ Alert
My book:
Stay Rich Forever: Retirement Planning Secrets of Millionaires and How They Can Work For You!
  • Intel - Dividend Stock To Boost Its Dividend in 2010 0 comments
    Nov 16, 2009 11:15 AM | about stocks: INTC, AMD
    Despite Legal Woes Intel Will Boost Dividend Next Year
     
    Intel (Nasdaq: INTC), the world's largest semiconductor maker, will hike its quarterly dividend by 12.5% starting next year, taking its quarterly payout to 15.75 cents a share from 14 cents. News of the dividend hike by Intel is especially impressive given that the company announced last week it will pay rival Advanced Micro Devices (NYSE: AMD) $1.25 billion to settle claims that Intel used its dominant market position to reduce competition with AMD.
     

    Then again, $1.25 billion isn't all that much when considering that Intel has $13 billion in cash and cash equivalents, plus another $4.3 billion in long-term investments. Shares of Intel, a member of the Dow Jones Industrial Average, currently yield 2.8%.

     
    For more information about Dividend Genius, visist http://www.dividendgenius.com. To see the latest special offer from Dividend Genius, visit: http://www.dividendstockblog.com/dividend-genius-video.html
    Stocks: INTC, AMD
Back To Jim Trippon's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.