Intel Suspends Dividend Starting In Q4 Of 2024; Reiterates Its Long-Term Commitment To A Competitive Dividend As Cash Flows Improve To Sustainably Higher Levels.

-4.30%

Intel Corporation

INTC

37.81

-4.30%

Intel is taking the added step of suspending the dividend starting in the fourth quarter, recognizing the importance of prioritizing liquidity to support the investments needed to execute its strategy. The company reiterates its long-term commitment to a competitive dividend as cash flows improve to sustainably higher levels.

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