09-12-2014, 01:34 PM
So INTC declared the Q4 dividend today -- 22.5 cents. Exactly the same since the middle of 2012. While folks have been upset that they have not raised the dividend for two years now, it is only with this announcement that the 10-year streak of raises is officially dead (by the way I count, anyway, which looks at calendar years).
I had held out hope that they would announce a small raise to satiate beleaguered shareholders and to keep the streak alive. I don't think it would have been unreasonable given that the payout ratio is still below 50% and that 2014 has brought somewhat better earnings.
I know some of you have bailed out of INTC already -- how will the rest of you react to this latest announcement? I'm standing pat.
I had held out hope that they would announce a small raise to satiate beleaguered shareholders and to keep the streak alive. I don't think it would have been unreasonable given that the payout ratio is still below 50% and that 2014 has brought somewhat better earnings.
I know some of you have bailed out of INTC already -- how will the rest of you react to this latest announcement? I'm standing pat.