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Intel Corporation (INTC) declares $0.225/share quarterly dividend, in line with previous....

Intel Corporation (INTC) declares $0.225/share quarterly dividend, in line with previous. Forward yield 3.92%. For shareholders of record Aug. 7. Payable Sept. 1. Ex-div Aug. 5. (PR)
Comments (29)
  • Dividend Garden
    , contributor
    Comments (423) | Send Message
     
    No increase. Hmmm.
    25 Jul 2013, 09:27 AM Reply Like
  • badass1
    , contributor
    Comments (77) | Send Message
     
    I am a 30 year veteran of stock market investing. The lack of a dividend raise is a non event. With a new CEO who is looking to aggressively expand into mobile and the dividend yield being the highest in the sector there is no need to raise at this point. It's about driving top line and everything else is secondary.
    25 Jul 2013, 09:19 PM Reply Like
  • badass1
    , contributor
    Comments (77) | Send Message
     
    No need to raise with 4% yield and transitioning to mobile. Intc is a 2014 story.
    25 Jul 2013, 09:20 PM Reply Like
  • wigit5
    , contributor
    Comments (3928) | Send Message
     
    You are on notice in my portfolio Intel
    25 Jul 2013, 09:27 AM Reply Like
  • timetosave
    , contributor
    Comments (35) | Send Message
     
    Not a good sign in my opinion.
    25 Jul 2013, 09:29 AM Reply Like
  • stockstranger
    , contributor
    Comments (99) | Send Message
     
    Echoing above, very surprised. This throws doubt on their confidence and plans.
    25 Jul 2013, 09:35 AM Reply Like
  • Regarded Solutions
    , contributor
    Comments (15452) | Send Message
     
    When do they usually announce increases?
    25 Jul 2013, 09:38 AM Reply Like
  • stockstranger
    , contributor
    Comments (99) | Send Message
     
    This quarter!
    25 Jul 2013, 09:39 AM Reply Like
  • Dividend Garden
    , contributor
    Comments (423) | Send Message
     
    This announcement would traditionally have included the increase.
    25 Jul 2013, 09:39 AM Reply Like
  • wigit5
    , contributor
    Comments (3928) | Send Message
     
    Not sure they have a standard but usually they raise it every year; excluding the financial crisis years.
    25 Jul 2013, 09:40 AM Reply Like
  • JD in NJ
    , contributor
    Comments (806) | Send Message
     
    stockstranger, that has only been the case for two years.
    25 Jul 2013, 10:38 AM Reply Like
  • Rose_Colored_Glasses
    , contributor
    Comments (908) | Send Message
     
    JD in NJ -
    First of all - hope all is well.

     

    The only recent miss they have had was in 2009 - but they increased twice in 2011. So 2009 was an absolute disaster, almost unprecedented. So the logical question becomes:

     

    Is INTC in the same relative boat as 2009? Probably not - but you just really have to have your doubts about this one.
    25 Jul 2013, 01:16 PM Reply Like
  • JD in NJ
    , contributor
    Comments (806) | Send Message
     
    All is well, thanks for asking. I hope things are well with you, too.

     

    I am not going to say I'm not a bit surprised on the negative side about this. I prefer not to go five quarters at the same dividend rate. However, I'm also not quite prepared to throw in the towel on Intel at this point, and will continue to hold for the time being.

     

    If they don't raise by Q1/2014 I'll be quite concerned and may well trim my position.

     

    If they don't raise by Q4/2014 then Intel will no longer meet my criteria, full stop.
    25 Jul 2013, 01:30 PM Reply Like
  • AdamDivy
    , contributor
    Comments (400) | Send Message
     
    Bummer!!!!!!
    25 Jul 2013, 09:47 AM Reply Like
  • whitkrieng
    , contributor
    Comments (45) | Send Message
     
    They have in the past not raised it for the whole year, then raised it for the February payout. This is what could be happening.
    25 Jul 2013, 10:06 AM Reply Like
  • traderyin
    , contributor
    Comments (66) | Send Message
     
    Earnings is down due to slow down in PC. And they have to invest in 14nm fab build out + ramp up Bay Trail production. I'm not surprised at all.
    25 Jul 2013, 10:18 AM Reply Like
  • Eternal
    , contributor
    Comments (47) | Send Message
     
    prior to last couple years, their schedule for raises has been in the Q1 dividend. they've only been on the Q3 schedule for 2011 (when they raised twice, once in Q1, and once in Q3) and 2012

     

    technically, since they raise in mid year, they have until end of 2014 to raise the dividend before losing the annual increase title. currently 2013 will be higher than 2012, due to the last raise being in mid year 2012.

     

    all that being said, certainly not a confidence inspiring move.
    25 Jul 2013, 10:21 AM Reply Like
  • Joey Boykin
    , contributor
    Comments (10) | Send Message
     
    Last year it was Q3 when they increased, but no increase in Q3 this year. That marks 5 qrts with no dividend increase.
    25 Jul 2013, 10:26 AM Reply Like
  • ad hoc grip
    , contributor
    Comments (3) | Send Message
     
    Look at their dividend history. Usually an increase is once per year (every 4th quarter). The lack of increase here is not a surprise. If they don't increase *next* quarter, now that would be disturbing. Long.
    25 Jul 2013, 10:26 AM Reply Like
  • randolphdeleon
    , contributor
    Comments (100) | Send Message
     
    5/3/2013 Cash 0.225 3/20/2013 5/7/2013 6/1/2013
    2/5/2013 Cash 0.225 1/22/2013 2/7/2013 3/1/2013
    11/5/2012 Cash 0.225 9/21/2012 11/7/2012 12/1/12
    8/3/2012 Cash 0.225 7/25/2012 8/7/2012 9/1/2012
    5/3/2012 Cash 0.21 3/21/2012 5/7/2012 6/1/2012
    2/3/2012 Cash 0.21 1/23/2012 2/7/2012 3/1/2012
    11/3/2011 Cash 0.21 9/21/2011 11/7/2011 12/1/11
    8/3/2011 Cash 0.21 7/22/2011 8/7/2011 9/1/2011
    5/4/2011 Cash 0.1812 3/17/2011 5/7/2011 6/1/2011
    2/3/2011 Cash 0.1812 (Source:NASDAQ)

     

    Ad hoc, this is INTC dividend history. It is on schedule to implement an increase this quarter and not next. It is indeed disturbing...
    25 Jul 2013, 01:16 PM Reply Like
  • SFL Trader
    , contributor
    Comments (4) | Send Message
     
    Intel is spending to compete in the mobile market. They have even had to adjust that spending level. With these spending pressures, it is not unreasonable that the dividend would be kept the same for this quarter. IMHO, I wouldn't interpret that as a sign of weakness. Also the PC decline is a factor in holding the dividend the same.
    25 Jul 2013, 11:24 AM Reply Like
  • SFL Trader
    , contributor
    Comments (4) | Send Message
     
    Intel is spending heavily to compete in the mobile market. Given that, it is reasonable that the dividend stays the same in this time when there is pressure on their financial resources. Also the PC sales decline is contributing to their financial pressures plus they recently bought a company (?name).
    25 Jul 2013, 11:24 AM Reply Like
  • RWMostow
    , contributor
    Comments (1323) | Send Message
     
    Ashraf-

     

    Where are you when we need some comfort and reassurances?

     

    Best wishes,

     

    -rwm
    25 Jul 2013, 11:54 AM Reply Like
  • Quest7771
    , contributor
    Comments (10) | Send Message
     
    I am with SFL Trader, I would like to see a dividend increase, but with PC sales in decline, I think for this quarter and maybe the next two I can live with the yield as it is, remember most of us invested for the long haul, not to get a increase in the dividend, every quarter or every year. We what the company we invested in to be number one in their field, and maybe saving 50 m a year on added dividend will see the company to achieve that goal. Investing is about being patience
    25 Jul 2013, 12:54 PM Reply Like
  • Rose_Colored_Glasses
    , contributor
    Comments (908) | Send Message
     
    I am very concerned and will finally bail on INTC. Will cut at least in half. This is not the start they wanted for the new CEO. I am sure Mr. Otellini felt he left Brian in good shape. I personally think that things are free falling faster than they anticipated. They have blown the cushion that was left by Otellini, still guided down. This could get ugly.
    25 Jul 2013, 01:10 PM Reply Like
  • xrugr
    , contributor
    Comments (49) | Send Message
     
    New Leadership is doing a good job of keeping expectations in check for now. This may be their game plan. I expect they realize they will be judged over what happens over the long term, not the first few months of their tenure. Take the hits early and look like a hero later. I believe this is a smart move. If the new leadership is able to improve from here, they will be seen as a huge success. Underpromise and overdeliver is usually a good game plan.

     

    This reminds me of when Peyton Manning and Ryan Leaf entered the NFL. Leaf won his first two games. When inteviewed on their relative performance, Manning responded that he viewed his career as a marathon, not a sprint. Intel has the resources and ability to win the marathon.

     

    I realize there are a lot of people who have been following Intel for a while and have been waiting for an upside breakout. However, that won't happen on the investor's time frame. It will happen when/if Intel is able to make significant inroads into mobile. Just my 2 cents. (That and $4 will get you a cup of coffee.)
    25 Jul 2013, 01:24 PM Reply Like
  • dubyadeebee
    , contributor
    Comments (197) | Send Message
     
    While many would consider INTC's current dividend attractive, INTC would NOT make anyone's "dividend champions" list. Over the past 10 years their dividend payments have increased each year and have become significant, but the pattern has been a bit erratic. Those posting here that INTC has increased the dividend every 4 quarters just haven't taken the 30 seconds needed to look up the actual record. And from 1994 to 2001, they actually decreased the dividend on 4 different occasions.

     

    That said, as I have posted on another SA thread, as a longtime INTC share holder I believe that holding the dividend at the current level is the right thing for them to do for at least the rest of this year. As Eternal noted above, if they increase the dividend for the 4th quarter of 2014 they would extend their streak of annual dividend increases to 11 years (if management sees that as a high priority - they probably do not).
    25 Jul 2013, 01:26 PM Reply Like
  • elsrmp56
    , contributor
    Comments (176) | Send Message
     
    Heck!
    since we all took a bath when they missed their recent numbers, I was hoping for something in terms of a dividend increase. Guess they don't care that much about investors.
    25 Jul 2013, 01:26 PM Reply Like
  • Sundowner
    , contributor
    Comments (212) | Send Message
     
    I expected a nominal increase, but in reality this is not a big surprise. INTC is in a major transitional phase, plus they already pay one of the best dividends in the tech sector...no complaints here....
    25 Jul 2013, 06:19 PM Reply Like
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