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