Intel Corporation Announces Dividend Declaration
SANTA CLARA, Calif. - April 14, 2022
Intel Corporation (INTC) today announced that its board of directors has declared a quarterly dividend of $0.50 per share.
The dividend is payable on June 1, 2022, to shareholders of record on May 15, 2022. This represents an annual dividend yield of approximately 1.66% based on the current stock price of $30.22.
The ex-dividend date for the dividend is expected to be May 13, 2022, which means that shareholders who purchase Intel stock on or after that date will not be eligible to receive the dividend.
Intel's dividend policy is designed to provide shareholders with a steady and consistent return on their investment. The company's dividend payout ratio is currently approximately 40%, which means that it distributes about 40% of its earnings as dividends.
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