Intel Corporation (NASDAQ:INTC) declared quarterly dividend of $ 0.33 per share, or $ 1.32 annualized.
The dividend will be payable on September 1, 2020, to stockholders of record on August 7, 2020, with an ex-dividend date of August 6, 2020.
Dividends History
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Recent Earnings Announcement
Intel Corporation announced income for the first quarter of $ 1.45 per share, from the revenue of $ 19,828.00 million. The quarterly earnings grew 62.92 percent while revenues raised 23.45 percent compared with the same quarter last year.
According to street consensus, INTC was expected to report 1Q20 income of $ 1.28 per share from revenue of $ 18698.20 million. The bottom line results beat street analysts by $ 0.17 or 13.28 percent, at the same time, top line results outshined analysts by $ 1,129.80 million or 6.04 percent.
Stock Performance
According to the previous trading day, closing price of INTC was $ 59.03, representing a 35.30 % increase from the 52 week low of $ 43.63 and a 14.81 % decrease over the 52 week high of $ 69.29.
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The company has a market capital of $ 249.40 billion and is part of the Technology sector and Semiconductors industry.
Intel Corporation offers computing, networking, data storage, and communication solutions worldwide. It operates through Client Computing Group, Data Center Group, Internet of Things Group, Non-Volatile Memory Solutions Group, Programmable Solutions Group, and All Other segments. The company offers microprocessors, and system-on-chip and multichip packaging products.
