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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
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Global Profit$ Alert
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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
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