Intel boosts its dividend 12.5pc

INTEL has raised its quarterly dividend by 12.5 per cent, citing strong growth prospects.<br /><br />The bullish outlook from the world&rsquo;s biggest computer chip maker is another endorsement of the sustainability of the global economic recovery and the PC market.<br /><br />From the first quarter of 2010 Intel said it would pay a cash dividend of 15.75 cents per share or 63 cents annually.<br /><br />Chief executive Paul Otellini said the company&rsquo;s &ldquo;focus on the next wave of innovation... set the company up solidly for the future&rdquo;.