Intel Corporation (NASDAQ:INTC) has declared its quarterly cash dividend of $15.75 per common stock share. The dividend reflects a 23.5% increase from the previous quarter. The dividend is payable on March 1, 2010, to stockholders of record as of February 7, 2010.
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Intel’s most recent financial results reported revenue of $10.6 billion, for the fourth quarter of 2009. Revenue was up by $2.3 billion, and 28% year over year. It’s record gross margin for the period was 65%, 12 points more for the year over year. Operating income was $2.5 billion, while net income was $2.3 billion. Both were up $958 and $2 billion respectively.
Intel Corporation is a semiconductor chip maker. The Company is engaged in developing advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. Its primary component-level products include microprocessors, chipsets, motherboards, wired and wireless connectivity. The Company offers products at various levels of integration, allowing its customers the capability to create computing and communications systems. As of December 27, 2008, the Company was mainly organized in two segments: Digital Enterprise Group (DEG) and Mobility Group (MG). During the fiscal year ended December 27, 2008 (fiscal 2008), the Company completed the divestiture of its NOR flash memory business. In July 2009, Intel Corporation completed the acquisition of Wind River Systems, Inc.
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