Re:Germany paying $5.5B for Intel fab
by redtriumph on Tuesday June 07, 2022 @01:31PM
(#31657584)
I think, declaring dividend is linked to their earnings report. For ex. last ER was on 4/28 and few days before that, they declared their dividend. So, its not given that there won't be any dividend in 2022 or so. Next earnings is in Jul, so we would get to know that sooner. As a side note, if any company declares dividend reduction or stops them altogether, I would expect the stock to drop like a rock. see AT&T in last year.
https://seekingalpha.com/symbol/INTC/dividends/history edit: added history
Notice all the zeroes https://www.intc.com/stock-info/dividends-and-buybacks
Also, "Upcoming Dividends: There are no future dividends presently declared for INTC as of Jun 7th, 2022. The declaration and payment of dividends are at the discretion of the Company."
I suppose one could argue that they shouldn't have done that in the quarters before now but they are where they are.