Intel (INTC) Lowers Quarterly Dividend 65.8% to $0.125; 1.9% Yield, Reaffirms Guidance
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Intel Updates Capital Allocation to Drive Long-Term Strategy, Declares Quarterly Dividend of $0.125
February 22, 2023 7:30 AM ESTCompany reaffirms first-quarter 2023 guidance
SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intel Corporation today announced that its board of directors has reset its dividend policy, reducing the quarterly dividend to $0.125 per share (or $0.50 annually) on the companys common stock. The dividend will be payable on June 1, 2023, to stockholders of record on May 7, 2023. Intel also reaffirmed its first-quarter 2023 business outlook provided at... More
