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Technology Stocks : AMD, ARMH, INTC, NVDA

AMD 214.87

-0.1%

3:59 PM EST

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From: SonnyListon	5/11/2011 9:19:22 PM
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Intel Ups Dividend 16%; 3.6% Yield By Tiernan Ray Intel (INTC) shares are up 29 cents, or 1.2%, at $23.32 after the company this morning announced it raised its dividend 16% to 21 cents per share, or 84 cents a year, starting with the payout that will be declared in Q3. That would give Intel a yield of 3.6%, up from 3.2% under the current 18.12-cent-per-share payout. Intel said in the same statement that it spent $4 billion in Q1 buying back shares, after raising its buyback authorization in January by $10 billion, to $14.2 billion. Intel noted that since 1992, the company has paid out $22 billion in dividends, and since 1990, it has bought back $74 billion in shares, or 3.6 billion shares in total. Together, “Intel’s dividends and stock buyback program have returned approximately $96 billion to shareholders.” Elmer Phud was kind enough to post this on IHub

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