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Intel raises quarterly dividend by 15 percent from 2011

Intel’s board has decided to increase from the first quarter of 2011, the quarterly dividend by 15 percent. The shareholders of the chip manufacturer will receive every three months, $ 0.18 per share, ie $ 0.72 per unit per year.

“Intel is still on the way to the best year in its history, and we still generate strong cash flows,” is Paul Otellini, Intel president and CEO, quoted in a news release. “Given the current operating performance and our confidence that the business continues to run so we are able to pay our shareholders more money.”

Intel pays a dividend since 1992. A total of its shareholders have since received about $ 20 billion. In the first three quarters of this year, Intel has paid claims to approximately $ 2.6 billion.

The Wall Street reacted positively to the announcement. Before the start of trading in New York’s share price in Nasdaq-listed company rose by 1.37 percent or 0.29 U.S. dollars to 21.50 dollars.

In the third quarter of 2010, on 25 September ended, Intel continued to 11.1 billion dollars, 18 percent more than in the same period last year. The profit rose 59 percent to 2.96 billion, or $ 0.52 per share.

For the fourth quarter, Intel expects a turnover of 11 to 11.8 billion dollars. The gross margin is expected to be around 67 percent.

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