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Bloomberg
Intel Slashes Dividend 66% to Lowest Payout in 16 Years
(Bloomberg) — Intel Corp., the biggest maker of computer processors, slashed its dividend payment to the lowest level in 16 years in an effort to preserve cash and focus on a turnaround plan. Most Read from BloombergMcKinsey Plans to Eliminate About 2,000 Jobs in One of Its Biggest Rounds of CutsHow Much Do Investors Say They Need to Retire? At Least $3 MillionChina Urges State Firms to Drop Big Four Auditors on Data RiskRussia’s War on Ukraine, China’s Rise Expose US Military FailingsWorld’s L