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Intel Slashes Dividend To Enable IDM 2.0 Plan And Invest In More Semiconductor Fabs

Intel Slashes Dividend To Enable IDM 2.0 Plan And Invest In More Semiconductor Fabs
Intel is resetting its dividend policy with its first cut in over two decades. It’s a significant one with the quarterly dividend getting slashed more than 65 percent, from 36 cents to 12.5 cents per share (or 50 cents annually). In broader terms, this will save Intel around $4 billion in payments to shareholders this year, to help fund new

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Author: Paul Lilly