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Intel raises dividend, forecasts growth in 2015
2014-11-21 09:48:00| Telecompaper Headlines
(Telecompaper) Intel announced an increase in its dividend and forecast growth in 2015 at its annual investor meeting. The cash dividend will increase by 6 cents to USD 0.96 per share on an annual basis, beginning with the Q1 dividend. Intel CEO Brian Krzanich said that Intel's highest shareholder value will come from a strategy to use the core assets that drive the company's PC and data centre businesses to move into profitable, complementary market segments. Intel's leading-edge manufacturing capability, architecture and the use of shared IP are key elements of the growth strategy. For 2015, the company revenue growth in the mid-single digits, a gross margin of 62 percent, plus or minus two points, R&D and MG&A spending as a percent of revenue to be lower and capital spending of approximately USD 10.5 billion.
Tags: growth
intel
raises
dividend
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