A few days ago Intel (INTC) increased its dividend 7.14% from $.21 to $.225 per quarter. This is the 9th straight year of increases. I was anticipating a larger boost in 2012, but 7.14 % is still welcome. There is a chance INTC will do another dividend increase before the year is up, but I'm not going to count on it or make any predictions.
My initial INTC purchase came with a 3.75% yield the day I bought it. After 2 increases it has already ballooned to a 4.67% yield on cost. This is what dividend growth investing and compounding is all about. The payout ratio is still healthy at 38.1%, there is plenty of room to take the company to dividend contender status and beyond. I'm not one to get excited about tech stocks, but if Intel can get a foothold in the mobile market the stock price is going to soar.