Will Intel Raise Its Dividend This Year?

Intel's dividend yield currently sits at about 3.9%, one of the highest in the tech sector. The high yield is partially due to weakness in the stock, off from a high of $28 per share in 2012. Uncertainty regarding PCs as well as slow progress in the mobile market were the main drivers of this decline.

Intel has strayed from its dividend schedule of the past few years by not raising the dividend in July, making for five quarters in a row without a dividend increase. There's one dividend payment left this year, payable in December, and for Intel to continue its streak of annual dividend increases, this payment must be increased, too. I think we'll see a small uptick, but long-term dividend growth should be more impressive.

Source: Motley Fool

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