Intel has a $6 billion dividend payout over the last year, and they need to at some point double down on getting back to where they were before. So for Intel, I don't think they have a whole lot of choice because you can keep a dividend wherever you want, but if you descend into irrelevance, you're still not generating a market beating return for your investors.
In late January CEO Pat Gelsinger assured Wall Street that Intel was "committed" to its dividend. Today that commitment changed.
(0:21) Bill Mann discusses: - Intel cutting its dividend by 65% - Gelsinger's potential rationale for the cut - How else the company plans to invest the money
(8:00) Alison Southwick and Robert Brokamp answer more of your questions about home buying, pensions, and investing strategy.
Companies discussed: INTC, AMD
Host: Chris Hill Guests: Bill Mann, Alison Southwick, Robert Brokamp Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
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