Intel Corporation (NASDAQ:INTC) Announces Cash Dividend; Payable March 1, 2013 - IDTI, ISIL, SIMG

Pompano Beach, FL -- (SBWIRE) -- 01/23/2013 -- Intel Corporation (NASDAQ:INTC)’s board of directors has announced a 22.5 cents a share, which is 90 cents-per-share on an yearly basis, quarterly dividend on the firm's common stock. The dividend will be to be paid on March 1, 2013 to shareholders of record on February 7, 2013.

Is INTC a Solid Investment at These Levels? Read This Report For Details

Intel president and CEO Paul Otellini stated that with the payment of this quarterly dividend, Intel's dividend and stock repurchase plan will have returned almost $119 billion to shareholders since the plan’s launch.

He added that this is evidence to their obligation to return cash to their shareholders as they continue to produce strong cash flow driven by the combination of latest products and design wins from the lowermost power portable gadgets to the most powerful data center servers.

So far today, Intel Corporation (NASDAQ:INTC) shares lost -0.47% to $21.07 while the stock is changing hands within a range of $21.04 – $21.22. In the past year, the stock has traded between $19.23 and $29.27. Its average daily trading volume is 44.50 million shares.

Will INTC Get Buyers Even After The Recent Rally? Find Out Here

Looking at other stocks in the same industry, Integrated Device Technology, Inc., Intersil Corp and Silicon Image, Inc. are in the decliners list. Let’s have a quick look on their Market performance.

Integrated Device Technology, Inc. (NASDAQ:IDTI) shares are down -0.79% to $7.53 while the stock is trading within the range of $7.52 – $7.62 in the current trading session. In the last 12 months, shares have floated between $4.60 and $7.80. This stock, on average, has trading volume of 1.79 million shares.

Why Should Investors Buy IDTI After the Recent Fall? Just Go Here and Find Out

In this session so far, Intersil Corp (NASDAQ:ISIL) shares moved down -0.63% reaching $8.69. The stock is trading in a range of $8.59 – $8.77. In the last year the stock has moved within a range of $6.31 – $11.88. The Company’s average daily trading volume is 998,680 shares.

Has ISIL Found The Bottom And Ready To Gain Momentum? Find Out Here

Another rival company, Silicon Image, Inc. (NASDAQ:SIMG), is trending -0.82% lower to $4.82. The stock price is hovering in range of $4.80 to $4.93. In the previous 52 weeks, shares price ranged between $3.53 and $6.20. Their average daily trading volume is 867,262 shares.

Has SIMG Found The Bottom and Ready To Move Up? Find Out Here

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