Intel Corp (INTC)

[Golfbum]

immaterial fiddling with the dividend only reduces flexiblity for capex with no likely meaningful benefit to stock price.

intel can reduce or eliminate stock grants without impacting share price if necessary.

if they foolishly increase the dividend then need to reduce to make a capital expenditure the stock will crash needlessly.

unlike the software biz (e.g. msft) semis are very capital intensive.

gb