Intel Announces 15 Percent Cash Dividend Increase – Cites Best Year Ever
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Intel Corporation today announced that its board of directors has approved a 15 percent increase in the quarterly cash dividend to 18 cents per share (72 cents per share on an annual basis), beginning with the dividend that will be declared in the first quarter of 2011. Intel cash dividends for the first through third quarters of 2010 total approximately $2.6 billion.
Intel remains on track to have our best year ever and we continue to generate strong cash flows, said Paul Otellini, Intel president and CEO. Our ongoing operational performance and confidence in our business going forward provide the ability to return more cash to shareholders.
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