Chipzilla ups quarterly cash dividend

MAKER OF CHIPS, Intel, has increased its quarterly dividend on the company's common stock by 10 per cent, to 14 cents a share. The dividend will be payable on June 1 to stockholders registered at May 7, 2008.

"The strength of Intel's competitive position combined with our solid financials allows us to again reward Intel shareholders with an increase in the quarterly dividend," says Intel chairman Craig Barrett, showing scant regard for the grammatical rules covering split infinitives.

"Intel's dividend yield remains one of the highest in the technology industry and has returned nearly $12 billion to shareholders since 1992." µ